CMB to Deploy ITS.Netrix Turrets
FRONT PAGE: TRADING FLOOR TECHNOLOGIES
BEIJING—China Merchant Bank (CMB), China's largest publicly traded lender, has signed a contract with BT Syntegra to implement ITS.Netrix turret-trading technologies.
The bank will install 46 positions for its up-and-coming treasury trading center in Shenzhen, Guangdong province. The new technology is expected to go live in November across the bank's money market, foreign exchange and fixed-income desks.
In Northeast Asia, CMB is the first to be using the ITS.Netrix solution. However, BT Syntegra
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