WestLB Globalizes FX, Money Market Rates

The bank went live with Gissing's RealtimeXL add-in in January, which allows traders to draw real-time data from the bank's Reuters RMDS market data backbone into traders' pricing models in Microsoft Excel.

Data generated from the pricing models is then transmitted from RealtimeXL back to RMDS via the vendor's ConteX contributions system—which has been in use by the bank since 2004 (IMD, Dec. 6, 2004)—and from there to any of the 500 Reuters terminals used globally by the bank, or to WestLB's

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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