CS First Boston Expands Repo System, Now Handles 15 Currencies Plus Dollar
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Credit Suisse First Boston has launched an international version of an on-line system to handle repurchase agreements. Called, International Repotrade, the system is an extension of a similar product CSFB introduced to the US market two years ago. Both systems can be used for trading, pricing and executing transactions by customers of Bloomberg Financial Markets, although the investment banking firm says it will also be able to distribute the service to third parties that don't compete with it
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