Sales and contracts

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Sales and contracts

Credit Suisse Securities takes Sierra for fixed income

Credit Suisse Securities Limited (CSSL) has chosen the Sierra System from FNX, a Philadelphia-based provider of trading, accounting and risk management systems, to manage its fixed-income business.

Sierra will provide CSSL with a single system supporting automatic trade execution of fixed-income orders, position management and market and credit risk, through to the settlement and creation of accounting entries. It will

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