Swiss Bank Licenses FX MIPS; SBC/OC Is Likely U.S. Site
TRADING ROOM NETWORKS
Swiss Bank Corp. has signed a global licensing agreement with New York systems integrator FD Consulting Inc. covering FD's Realtime MIPS market data distribution and workstation system. The most immediate candidate among Swiss Bank's North American trading operations for receiving MIPS is SBC/O'Connor Services L.P. (SBC/OC), which was formed by the bank's recent acquisition of Chicago-based derivatives trading firm O'Connor Associates.
The signing of the licensing agreement coincided with Swiss
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