Cognotec Brings Liquidity to a Thirsty Market

Cognotec is moving ahead with plans to create a “Liquidity LinQ”, which will help increase market liquidity between its customers. The company has appointed Steve Jury as its new liquidity management director, based in New York. “With AutoDealing, we have successfully automated the FX dealing process between banks and their clients. The next challenge for […]
Read More »

CME Addresses its Future with a String of New Initiatives

Basking in the afterglow of the partnership announcement with the London Financial Futures and Options Exchange (Liffe), the Chicago Mercantile Exchange released a report last month detailing the efforts by its Strategic Planning Steering Committee. Electronic trading, increased credit risks, integration across markets and borders, as well as competition from overseas exchanges are among the […]
Read More »

Who Owns Your Spreadsheet?

When a derivatives trader moves banks, what happens to his spreadsheet? Does the bank have someone spend several months trying to decipher it? Does the bank even have ownership rights or do they belong to the trader who built it (say, it was constructed in his spare time)? These are some of the questions that […]
Read More »

Wall Street Systems Launches Internet-Based Front End

New York-based Wall Street Systems (WSS) has launched an Internet-based front end to its treasury transaction processing system. The new module, which launched at the Forex 99 conference in Milan in July, is currently in beta tests at two customer sites and should be available towards the end of Q4 or early 2000. Les Gosling, […]
Read More »

TheBeast.Com: The Fastest Analytical Network on the Planet

Tim Boyle, formerly president of Tullett & Tokyo International in New York, has moved over to Tullett’s fully owned subsidiary, CastleNet. Boyle, who has served as chief executive for CastleNet since it was set up in 1995, will now be working for the software house on a full-time basis, although he remains on the international […]
Read More »

Cognotec Shows its Hand

“We love the Internet. We’re betting the whole company on it,” The ink has barely dried on Cognotec’s recently penned joint venture with the Japanese Internet investment company, Softbank, but Cognotec’s chairman, Brian Maccaba, says he’s ready to bet it all. “We love the Internet. We’re betting the whole company on it,” says Dublin-based Maccaba […]
Read More »

Internet Trading Software Company Makes Advances Toward US Market

Information Internet claims it is ready to take on the big boys. Having created a niche for itself as the first trading software to enable real-time FX dealing over the Internet with its MarketMaker software, the company has recently opened an office in New York to make headway into the US institutional market. Since its […]
Read More »

Fenics Product for Corporates Gains Favour

Inventure, the developer and distributor of the Fenics options pricing software, has developed a product for the corporate market, Corporate Fenics, which launched May 25. “The biggest challenge for banks is getting technology out to corporates and regional sales desks,” says John Ashworth, Inventure’s recently appointed chief executive officer. “Banks, ranging in size and scope, […]
Read More »

Kalahari Releases k.A.C.E. In Answer to Disparate Systems

London-based Kalahari is launching a new FX and derivatives calculation platform called k.A.C.E. (Kalahari Advanced Calculation Environment)at the Forex 99 conference in Milan which takes place July 1-4. ABN Amro Bank in Zurich was quick on the draw, signing on as the first customer for the product. Graham Mansfield, one of Kalahari’s original founding members, […]
Read More »
1 2 3 4 5 1,395 1,396 1,397 1,398 1,399

Profit & Loss is no longer publishing

Thank you for 21 great years of support