Bank Of Tokyo Starts Search For 80-Position Digital Platform
MANAGEMENT AND STRATEGY
With a consultant hired last week to manage the search, Bank of Tokyo plans to upgrade to a largely digital local data distribution system to support some 80 foreign exchange and money market traders in New York. The system change will coincide with a move from the bank's current trading floor in lower Manhattan to an all-new room in midtown, which the bank plans to occupy in June of next year.
At Bank of Tokyo's present 100 Broadway site, most traders receive market data via a Micrognosis Inc
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