Landesbank Baden-Wuerttemberg (LBBW) has signed a contract with Reuters to implement its equity and equity derivatives trading tool for use in 40 terminals across its sales, execution and proprietary trading divisions. The platform, Reuters Order Management for Exchange Execution (ROMEX), builds on the bank’s use of Reuters 3000 Xtra and its risk solution, Kondor+. LBBW will install ROMEX in several stages, starting in the fourth quarter of this year. Initially, ROMEX will be set up for trading equities and derivatives on Xetra and EUREX. ROMEX will map the internal order and workflow as well as the efficient electronic link-up with customers per ROR (Reuters Order Routing Service) and FIX (Financial Exchange Protocol). The ROMEX solution can be expanded to accommodate LBBW’s future growth plans as it increases its international business, connecting to additional stock exchanges or linking up with international trading partners.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more