Firms Back City Networks’ Front-Office Service
CONNECTIVITY
LONDON—A handful of prominent banks and brokers are supporting the Trader Notification Service (TNS) Consortium, and will attempt to gather support for a real-time, post-execution messaging service to come later this month, say backers of the initiative.
The consortium had its formal introduction at the ACI European Congress in London last week.
The consortium members, who are focused on the front office, have committed to using a product developed by City Networks, dubbed CityNet Trader
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