TECHNOLOGY
TECHNOLOGY
Banque Générale du Luxembourg (BGL) is to install Dow Jones Telerate's Trading Room System at 100 positions. The system, which will be used for bond and equity trading in addition to foreign exchange, is to be implemented in stages at three offices in Luxembourg, but will later be move to a single location when the bank completes a shift to new premises later this year.
For the FX dealers, the new installation marks the move to all-digital technology. Previously, they had been using a Dinex
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