LONDON--E-Crossnet has tapped Bloomberg to provide technology service and Merrill Lynch to act as broker and maintain clearing and settlement services. E-Crossnet is the first electronic crossing system to cater solely to the buy side (IMT, September 13).
E-Crossnet's board ratified the appointments on October 14, after having examined proposals from 15 investment banks and 23 technology providers. There was unanimous agreement on each appointment by both E-Crossnet's management and board. In
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.Subscribe to Weekly Wrap emails