Calyon Consolidates on RMDS

FRONT PAGE: TRADING ROOM TECHNOLOGIES

LONDON—The integration of Calyon’s trading room technologies, inherited from the merger of Credit Agricole Indosuez (CAI) and Credit Lyonnais (CL), is on schedule, officials say. Cost synergies are also on track as a result of re-negotiating vendor contracts and removing redundant overlap.

A key component of the integration is the rollout of a common market data distribution platform, with the Reuters Market Data System (RMDS) confirmed as the platform of choice (Trading Technology Week, Nov. 10

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