Key players in the international swaps markets, instead of trading swaps, are swapping insults over the state of play in electronic trading of these complex instruments.
Category: Transaction Services
BrokerTec Sell-Off Could Spell Payday for Legal Profession » |
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| On 01 Jul 2002 |
Here we go again. Somehow, these dealer-initiated ventures always seem to end up the same way: complicated.
Atriax Withdrawal Leaves Fxall And Currenex To Slog It Out » |
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| On 01 May 2002 |
Two years ago, at the height of Internet frenzy, the sensible money – that is, the Old Economy money – would have been on Currenex to be the first to fail among the three main emerging FX trading portals. Visitors to the company’s headquarters, just outside San Francisco, were left with the impression of the short-haired hippieness of the era: ‘quality’ (ie., Starbucks) coffee, chinos, open-plan offices with searing ceilings in a fashionably clean warehouse location. No chance of competing in the London-based currency marketplace.
A-Team IQ talks to SunGard’s Harold Finders and Yassine Brahim about the takeover of GL Trade; what the Oracle-Sun tie up means for the fintech industry; Why Brazil is becoming the offshore location of choice for the European financial sector; following Lehman’s collapse, why knowing your counterparty is essential for risk management; market data platforms for the real world; can Twitter deliver results for fintech companies, and more…
Instinet’s Tribulations Begins to Test Reuters’ Patience » |
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| On 01 Apr 2002 |
In the 1990s, Reuters’ share price enjoyed a skyward ride on the back of Instinet’s dominance of the electronic brokerage business. Reuters shareholders won double when Instinet’s IPO yielded a massive cash injection. But following the tribulations of the past month, Reuters’ continuing investment in Instinet must appear to the company and its owners as a decidedly double-edged sword.

