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  • BATS Trading Now Available On SAVVIS Exchange Express - Financial Infrastructure Solution Features Metro Ethernet Connectivity Delivering High Bandwidth And Low Latency Compared To Leased Line Options

    Date 25/02/2008

    SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for financial markets and business applications, today announced that BATS Trading, Inc. (BATS), operators of the BATS ECN, is now available via SAVVIS Exchange Express which provides low latency metro Ethernet network access to the fast-growing BATS trading platform.

  • FFastFill Announces LME Steel Connectivity

    Date 25/02/2008

    FFastFill announced today that it has successfully completed conformance processing and testing and will be offering full connectivity to the London Metal Exchange’s new steel trading contract from its startup on February 25th. On that date steel will be traded on the LME’s telephone market and its electronic trading facility Select. LME Steel will be the exchange’s first non ferrous contract launch and introduces steel trading to the largest metals trading exchange in the world. The formal s

  • Record Investment Banking Fee Revenue In 2007 Marred By Sub-Prime Losses

    Date 25/02/2008

    Fee revenue generated by global investment banking increased for the fifth year running in 2007 by 21% to a record $84.3bn according to the 2008 edition of IFSL’s Banking report. Despite growth in fee revenue, many investment banks’ profits were hit by the $130bn in US sub-prime losses reported up to January. Further losses are likely in 2008. Losses at a few investment banks have resulted in capital injections by sovereign wealth funds.

  • Richard Jinks Joins Xtrakter As Director Of Commercial Operations

    Date 25/02/2008

    Xtrakter, part of the ICMA group of companies, is pleased to announce the appointment of Richard Jinks to the position of Director of Commercial Operations. Mr Jinks, who joins Xtrakter on March 3, 2008, will report directly to the Chief Executive and be a member of Xtrakter’s Executive Committee.

  • STOXX Ltd. Commemorates A Decade Of Index Innovation

    Date 25/02/2008

    STOXX Ltd., the leading European index provider, celebrates the 10th anniversary of the launch of the Dow Jones STOXX Indexes. The first pan-European indexes under STOXX brand were launched on February 26, 1998.