Commonwealth Installs Global Trader In Sydney And Will Deploy NT Across A/P Trading Floors

MANAGEMENT & STRATEGY

Commonwealth Bank of Australia has gone live with a real-time, Microsoft Windows NT 4.0-based trade capture and risk management system across 70-plus foreign exchange and money markets desks at its trading room in Sydney, the bank's headquarters. The effort took four months to complete.

Commonwealth has also kicked off an initiative to deploy NT in its trading rooms globally.

By successfully deploying the Global Trader system from California-based ADS Associates, Common wealth has put its Global

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