FXall.com: Leading Banks Unite in Groundbreaking Initiative

The June announcement by seven leading banks to create FXall.com, stands to lay the groundwork for a new FX marketplace that brings together banks and customers on a single, electronic platform. The founding partners in FXall.com are Bank of America, Credit Suisse First Boston, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley Dean Witter and UBS […]
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Deutsche Enhances FXMarkets.com

Deutsche Bank has released an enhanced version of its FXMarkets.com Web site, and has begun offering a live B2B electronic trading facility, following the success of its B2C price request dealing service. The site, which sports a new look and feel, now co-ordinates more closely with the bank’s other Global Markets products, says Joe Noreña, […]
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CFOWeb Announces Long-Awaited Launch

CFOWeb.com, developed by Palo Alto, California-based Integral Development, went live on 27 June with 2,500 asset management members on board. Harpul Sandu, founder and CEO of Integral, says that the trading site boasts around 4,000 members and nine trading banks, including Dresdner Kleinwort Benson, ING Barings, Bank of Tokyo-Mitsubishi, ABN Amro, AIG International, BNP Paribas, […]
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Gain Launches New Online FX Service

Gain Capital officially launched its 24-hour online FX trading service on 31 May, reports CEO and founder Mark Galant. The service, which is aimed at small- to mid-sized corporates and hedge funds, has attracted much higher volumes than were originally expected, he adds. Galant says client interest has come from institutional clients and small hedge […]
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BEA Systems Launches New E-Commerce Servers

BEA Systems, the e-commerce transactions company, announced new releases of its BEA WebLogic 5.1 product line, an integrated family of next-generation e-commerce application servers. The WebLogic servers deliver a wide range of e-business environments by using such new e-commerce technologies as WML (Wireless Mark-up Language) and SML for the rapid development of mobile applications and […]
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Reuters Releases Next Generation of Forwards Matching – Announces Partnership with Martin Brokers (UK) Plc

Reuters is about to start rolling out its next generation forward FX matching service, Reuters 3000 Forwards. Additionally, the trading and information systems vendor has partnered with Martin Brokers to provide an enhanced voice/electronic service. The implementation – part of the Dealing 3000 platform – will take place in a phased rollout from June to […]
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FNX Launches eSierra for Web-Based STP

Wayne, Pennsylvania-based FNX Ltd has launched an Internet-based offering of its Sierra System deal capture, trading and risk management platform. The eSierra platform, which is built on BEA Systems’ WebLogic Enterprise Server, integrates with Sierra System to provide a real-time interface between old and new technologies. Developed in partnership with BEA, eSierra delivers Web-enabled deal […]
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CSFBNext: Already Blazing Trails

CSFBNext, the new institutional e-business initiative launched by Credit Suisse First Boston (CSFB), is part of the bank’s strategy to help its clients manage change, says Philip Vasan, head of CSFBNext. This involves taking a “whole-firm” approach to e-commerce, he says, with CSFB offering its customers a range of electronic services ‘ e-trading, research and […]
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ANZ Launches Web-Based FX Service

ANZ Investment Bank launched its new Internet-based FX trading service, anz.com FX Online, in London and Europe on 11 May. The service, which was developed in partnership with Reuters/Tibco, provides corporate and institutional clients with online access for spot, forwards and swaps trading, according to Chris Cooper, ANZ’s global head of FX, who is based […]
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Four Banks Team Up with Fenics in Online Options Venture

Four international banks have teamed up with Fenics Software to provide the first multi-dealer currency derivatives platform to target the end user community. Bank of America, Credit Suisse First Boston (CSFB), Société Générale and UBS Warburg will provide options pricing, volatilities and analysis via a new Internet-based service that promises to improve price transparency and […]
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