SocGen to Clear for Axes Brokerage

OPERATIONS AND STP

NEW YORK—Electronic agency brokerage Axes will partner with Société Générale (SocGen) on clearance and settlement products, confirm officials from both companies.

"Société Générale will be providing us with a full suite of products and services from clearance and settlement all the way to helping us enhance real-time settlement tracking features, monitoring features across all networks, as well as invoice management services," says Peter Gaffney, president of Axes, based in New York. The result

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