LA Grande Boum In Paris Trading Rooms; French Banks Buy Workstation Solutions

THIS WEEK'S LEAD STORIES

Last year the Paris operations of three European banks issued tenders for new trading room systems. The three banks -- Banque Indosuez, Banque de Neuflize, Schlumberger, Mallett, and Credit Lyonnais -- all wanted the best for their traders, and all selected different solutions.

Trading rooms in Paris are not what they are in New York. In Paris, a trading room of 100 positions is considered large. Until very recently, the trading functions of Paris banks were handled by small semi-autonomous

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