BNY ConvergEx, BME, GTA


Agency broker BNY ConvergEx Group has launched a trade messenger system to aggregate high-touch order flow and boost real, relevant and natural indications of interest (IOIs). Since the launch of the system, ConvergEx has seen a fourfold increase in natural IOIs sent, claim officials.


Spanish exchange operator Bolsas y Mercados Españoles (BME) plans to form a new subscription and redemption mutual fund platform later this year. The system will

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