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Eurex achieves another record-breaking month

Eurex, the international derivatives exchange, has reported record-breaking volumes for March 2003. More than 106 million contracts were traded last month, an increase of almost 20 million over the previous monthly high, set in October 2002. Year-on-year…

Tech glitch strikes CLS

The failed settlement of more than 20,000 Australian dollar and yen trades on the continuous-linked settlement (CLS) service last week was caused by multiple technical faults, senior CLS officials said.

S&P and RDB launch SME CreditModel in Japan

Standard and Poor’s (S&P) Risk Solutions and the Risk Data Bank of Japan (RDB), a credit risk data provider, have launched a new advanced default probability model that assesses the creditworthiness of small and medium-sized (SME) Japanese enterprises.

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