OLB, Nasdaq, 7Ticks

OLB Deploys 1,100 VWD Terminals

German private bank Oldenburgische Landesbank is to roll out around 1,100 positions of Frankfurt-based vendor VWD's Market Manager 3.0 terminal to support its branch offices in Lower Saxony. OLB had sourced market data via a proprietary system from former parent company Dresdner bank, but sought a replacement after Allianz decided to sell Dresdner to Commerzbank but retain ownership of OLB. OLB completed the rollout of the browser-based terminals just 10 weeks af