LBBW to Roll Out Romex by Year’s End
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STUTTGART--German-based bank Landesbank Baden-Wuerttemberg (LBBW) will roll out the Reuters Order Management for Exchange Execution (Romex) system to 40 equities and derivatives traders at the bank by the end of this year, according to bank and vendor officials.
The rollout of the system, developed in conjunction with Swedish independent software vendor Orc Software, will cover approximately half of the combined 80 proprietary traders, sales traders and traders executing client orders in the bank
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