LONDON--E-Crossnet’s business development manager, Alex McDougall, says the network has had a successful first year of operation. The system launched March 23, 2000 (Investment Management Technology, April 10, 2000).
Some in the industry thought the firm was ambitious to expect a matching rate as high as 6 percent (IMT, Sept. 13, 1999). Rates have reached 10 percent at times, says McDougall. He also says typical daily order flow of 1 billion euros is becoming increasingly common. Back in May
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails