Price Explosion Prompts WestLB Revamp


German investment bank WestLB is revamping the way it contributes real-time prices to data vendors in order to cope with an expected 50 percent increase in the volume of prices that it contributes next year.

Last month the bank went live with Gissing Software's ConteX MCS contributions software to contribute real-time foreign exchange, money markets, fixed-income and credit prices to Bloomberg and Reuters from WestLB's London office. The software is also being used to contribute prices to

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