360T: Building a Multi-Product Environment

As higher profile portals look forward to developing additional product capabilities, Germany-based 360T has stolen a march by releasing a cross product platform that enables its users to trade FX spot, forward and outrights (including broken dates and mis-matches), money market loans and deposits, FRAs, interest rate swaps out to 10 years, and vanilla FX […]
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Centradia Commences Business – Quietly

In a quiet, low profile manner, multibank portal Centradia went live in November to its participating banks, Societe Generale, Sanpaolo IMI, Santander Central Hispano and The Royal Bank of Scotland. The banks are providing their clients with execution services in spot, swap and outright FX, money market loans and deposits and primary fixed income. Uniquely, […]
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BBH Launches FX Orderview

Brown Brothers Harriman (BBH) has launched FX Orderview, an electronic limit order management system, developed in association with TMS Monarque, according to Henry Wilkes, head of FX, at BBH London. BBH says FX Orderview will help clients streamline the limit order process and track the status of orders in real time, around the clock. The […]
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City Index Uses DKW System for Margin Trading

City Index, the spread betting firm, has launched a new service under its City Markets label, which provides clients with bespoke margin FX trading facilities on the Web. The system to support the new operation has been provided by Dresdner Kleinwort Wasserstein (DKW), and is based on the latter’s Piranha platform. DKW has provided the […]
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Atriax Launches AtriaxInsight

Atriax, the multibank FX portal, has launched AtriaxInsight, a subscription information product that provides real time streaming news and market data from Reuters, in addition to the existing Atriax service of research and currency forecasts from more than 30 of its member banks. Dan Morehead, CEO of Atriax, says, “This development has enabled us to […]
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Socx: Back Office Outsourcing Now a Possibility

Given that independently managed companies have been responsible for providing front office trading technology and support for so long, it is no surprise that interest is growing in a similar service for the back office function. The surprise however, may be in the length of time it took for companies to take up the baton […]
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FXall Releases Slew of Enhancements

FXall, the multi-contributor FX portal, has launched a number of enhancements, including updates to its research offering, including a cross-border flow tool, as well as a new treasury centre function. The research site now offers a calendar tool with economic data releases for 40 countries, the ability to view market holidays in “virtually any currency […]
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TD Asset Management Joins Advisory Board

TD Asset Management (TDAM) has joined FXall’s Customer Advisory Board, becoming its 29th member. Mike Thorfinnson, COO and CFO at TDAM, says, “The advent of online trading is radically changing the foreign exchange market. At TD Asset Management, we are determined to lead developments. By joining FXall’s Customer Advisory Board, we are now perfectly placed […]
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SuperDerivatives Upgrades Pricing System

SuperDerivatives, the option pricing system launched last year (see Profit & Loss, July/August), has added ‘European’ style knock-out and knock-in options to its suite of options products. The company says the system now prices more than 70 exotic options. ’European’ style knock-out and knock-in options differ from ‘American’ in that the trigger is only valid […]
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RBS & BBVA Take CLS Solutions

Wall Street Systems (WSS) is working with the Royal Bank of Scotland (RBS), Banco Bilbao Vizcaya Argentaria (BBV) and several other Continuous Linked Settlement (CLS) banks to implement support functionality for CLS. At RBS and BBVA, the CLS solution will be used to manage the FX trade process, from deal capture to settlement with CLS […]
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