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Automated Trader delivers immediate in-depth coverage of automated and algorithmic trading across all asset classes. Our global resource base utilises both online and print media to support market participants from both a business and a technological perspective. Give yourself an edge. Subscribe today.

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<copyright>Copyright 2009 Algorithmic Media ltd</copyright>
<pubDate>Wed,  7 Jan 2009 16:11:35 -0600</pubDate>
 <item>
<title><![CDATA[Eze Castle Software Completes Electronic Trading Integration with Trading Technologies]]></title> 
<link>http://automatedtrader.net/algo-trading-news-84.xhtm</link>
         
     <description><![CDATA[Trading Technologies International, Inc. (TT) and Eze Castle Software, Inc. announced that they have completed their integration project. Eze Castle Software, has integrated its Traders Console order management system (OMS) with Trading Technologies? X_TRA]]></description> 
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<item>
<title><![CDATA[BNY ConvergEx Group's Eze Castle Software Enhances OMS to Include EMS]]></title> 
<link>http://automatedtrader.net/algo-trading-news-685.xhtm</link>
         
     <description><![CDATA[June 13, 2007 - BNY ConvergEx Group, LLC, provider of agency brokerage and investment technology solutions, announced today that Eze Castle Software (ECS) has launched a single-system OMS that includes global EMS capabilities. Leveraging trading and technology expertise from across BNY ConvergEx Group, the industry-leading Eze Castle OMS has been enhanced to include this new functionality in its latest release.]]></description> 
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<title><![CDATA[Credit Suisse's Advanced Execution Services Group Announces Algorithmic Options Integration With BNY ConvergEx Group's Eze Castle Software]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1075.xhtm</link>
         
     <description><![CDATA[February 5th 2008 - Credit Suisse’s Advanced Execution Services has announced that it has completed work with BNY ConvergEx Group’s Eze Castle Software to incorporate AES Options algorithms as a destination in their order management system, the Eze OMS. ]]></description> 
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<title><![CDATA[BNY ConvergEx Group Announces Integration of DerivatEx Options Execution with the Eze OMS]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1145.xhtm</link>
         
     <description><![CDATA[March 6th 2008 - BNY ConvergEx Group, LLC, has announced that the DerivatEx(SM) options execution platform has been integrated into the award-winning Eze Order Management System (OMS).]]></description> 
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<item>
<title><![CDATA[BNY ConvergEx Group’s Eze Castle Software to Launch Full-Service Office in Hong Kong]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1322.xhtm</link>
         
     <description><![CDATA[May 22nd, 2008 - BNY ConvergEx Group, LLC announced today that it is continuing its global expansion with the launch of Eze Castle Software - Asia Pacific Ltd., its new office based in Hong Kong. ]]></description> 
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<title><![CDATA[Vhayu launches Squeezer]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1368.xhtm</link>
         
     <description><![CDATA[June 9th, 2008 - Vhayu launches Squeezer, a hybrid hardware/software solution for 4:1 data compression with no performance penalty and enterprise-level fault tolerance
]]></description> 
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<item>
<title><![CDATA[BNY ConvergEx Group’s Eze Castle Software Expands Operations in London ]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1729.xhtm</link>
         
     <description><![CDATA[September 17th, 2008 - <!--[if gte mso 9]><xml>
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<![endif]--><span>Eze Castle Software</span>
relocates its London
office to a new and larger facility 
]]></description> 
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<item>
<title><![CDATA[Iceland Forced to Seize Power Over Banks]]></title> 
<link>http://automatedtrader.net/real-time-news-1796.xhtm</link>
         
     <description><![CDATA[Late last night Iceland granted their government wide-ranging authority over its banks, giving them the option to merge them or force them to declare bankruptcy. This move led to a drop in the country&#039;s credit rating.

The ruling parties, from both sides, united on the bill that gives the state the authority and ability to rule over the fate of the country&#039;s banks. Icelandic Prime Minister Geir Haarde said the bill will also give the government power over the housing loans held by the banks and conglomerate them in a government housing fund.

Foreign investors have begun withdrawing their money, putting a further cash squeeze on the country. The government urged its pension funds to repatriate money, hoping to provide more liquidity.]]></description> 
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<item>
<title><![CDATA[In the Markets]]></title> 
<link>http://automatedtrader.net/real-time-news-1807.xhtm</link>
         
     <description><![CDATA[* RBA cut 100bps to 6% (median -50 bp), cited need to reduce borrowing costs

* BOJ leaves rates unchanged at 0.50% as expected; says economy sluggish

* US Treasury yields bounce off lows as Asian stocks bounce on RBA rate cut

* Asian stocks pare losses on RBA rate cut; Australian stocks positive

* Three-month dollar rates rise to 7% as market focuses on year-end funding

* German August orders seen up 0.7% m/m (median 0.8%), after -1.7%

* European calendar also has U.K. Aug ind prod, seen down -0.3% m/m (median 0.2%)

* US calendar highlighted by Bernanke speach; Fed minutes of Sep-16 FOMC also due

* JPY crosses bounced as Asian stocks pared losses on steep RBA cut

* Oil futures rally in Asia to $89, after a $6 fall in NY to sub-$88 levels

* KRW hits lowest level in seven and a half years; IDR at three-year low

* Japan&#039;s economy is worsening, warns Japan&#039;s Finance Mininster Nakagawa

* NZ Q3 business confidence rebounds to -19 from 33-yr lows - NZIER

* FED&#039;s Bullard downplays rate cut to counter crisis; eyes downside risk to growth

* FED&#039;s Fisher: FED doing all it can to unfreeze credit market, not sure rates cut help

* FED&#039;s Evans: inflation still too high, despite extraordinarily turbulent times

* FED&#039;s to pay interest on reserves, boost TAFs to $150 bln, buy money market assets ]]></description> 
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<item>
<title><![CDATA[US Opening Comments]]></title> 
<link>http://automatedtrader.net/real-time-news-1876.xhtm</link>
         
     <description><![CDATA[US equities are following European stocks modestly higher, perhaps on optimism the FED will start buying commercial paper to unfreeze the $1.6trln funding market. Australia cut its benchmark rate by one percentage point, the biggest cut in 16 years, and central banks around the globe injected funds to bring borrowing rates down after they spiked higher overnight. Dow futures are up 0.5%, S&amp;Ps are up nearly 1%, and Nasdaq futures are 1.4% higher.

Bonds are firmly in negative territory with the 30yr down 0.4% and the 10yr down 0.6%. The short end has seen selling as well, with the 3-month bill yield up 11bps to 0.61%.

The dollar is taking a hit &acirc;€“ USD Index down 0.5% &acirc;€“ as EUR and GBP recovered somewhat from yesterday&acirc;€™s massive sell-off. EUR/USD is up 0.75% and Cable is up 0.2% as of this writing. JPY has pared gains from y/day with USD/JPY up 0.4%, EUR/JPY up over 1%, and GBP/JPY up 0.6%.

The energy complex has also flipped after y/day&acirc;€™s losses, with Crude up 3.3% in premarket trade. Unleaded is up 2.2% and Heating Oil is up 2.3%. Gold is trading up $15 at $881/oz.

At 8:55am EDT, Johnson Redbook Retail Sales will be released. Minneapolis FED President Stern speaks about the repercussions of financial shocks in Illinois at 11am. FED Chairman Bernanke follows at 1:15pm with a speech on the economic outlook and financial markets.

At 2pm, minutes from the FOMC meeting on September 16 are released. At 3pm, August Consumer Credit is expected to increase $5bln.
]]></description> 
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