News Retrieval

SPECIAL REPORT: FOREIGN EXCHANGE IT

Compiled by Kirk Kjeldsen

CFOWeb Confirms Trading Stopped

Independent capital markets trading portal CFOWeb stopped trading in early March, says Harpal Sandhu, chief executive of software company Integral, which owns the site. The admission ends months of speculation about CFOWeb, which was the first independent portal to launch multi-bank trading in FX last June.

Sandhu confirms that liquidity on CFOWeb had dried up following announcements in the second half of 2000 that two banking consortia

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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