Prebon, City Networks Serve Notice to Clients

FRONT PAGE: OPERATIONS AND STP

LONDON--Interdealer broker Prebon Yamane expects to see its first clients go live this week on a new real-time trade notification service being offered by the broker in conjunction with London-based software vendor City Networks.

When fully implemented, the notifications service will allow traders to confirm trades in Prebon’s core hybrid markets of foreign exchange (FX) forwards, non-deliverable forwards, fixed income and energy immediately. The new service will also automatically feed trades

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