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Koch Capital Services To Use Summit For Derivatives Trading Support

AFTER THE TRADE

NEW YORK--Koch Capital Services, the Kansas-based subsidiary of Koch Industries, has tapped New York-based Summit Systems for systems to support its derivatives trading activities, and is evaluating messaging middleware from Tibco to provide real-time transaction notifications.

John Warner, Koch's director of information systems, says the company will use Summit to trade swaps, futures, US treasury securities, repos and foreign exchange. Koch is also considering extending its Summit installation

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