AIBD Teams Up With Telekurs To Widen Swiss Access To Trax
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Telekurs AG, the information provider owned by Swiss banks, has developed an interface between its Investdata system and TRAX, the Association of International Bond Dealers' trade-matching and reporting system. It's estimated that 95% of all Swiss banks subscribe to Telekurs services. The company has 20,000 Investdata screens in operation, most of them in Switzerland.
The move is a major step for TRAX, which previously was only available outside the U.K. via GE Information Services Ltd.'s
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