eSpeed Taps LogicScope for TradeSTP

FRONT PAGE: OPERATIONS AND STP

LONDON—Electronic broker eSpeed is using LogicScope's TradeSTP deal notification software to ease post-transaction trade processing problems for its foreign exchange (FX) clients, eSpeed officials tell DWT.

Well-known for its efforts in the bond markets, the broker sought out a straight through processing (STP) vendor so that it could provide STP to its clients who turn to eSpeed for FX transactions, says Matthew Claus, senior vice president and chief technology officer (CTO) for eSpeed. The STP

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