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Forex and Derivatives Poised For Next Wave of Financial Markets 'Electronification'.

Publication: PR Newswire
Publication Date: 27-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TowerGroup Maps Progress / Growth Areas of Automation Across Global Securities Industry

BOSTON, May 27 /PRNewswire/ -- (TowerGroup Annual Conference) -- As the wave of automation continues to sweep across the global securities industry, TowerGroup foresees two major growth areas in the race to electronify the global markets. The first is the geographic spread of automation, as emerging markets in Asia and Europe begin to close the gap with automation leaders in North America and western Europe. The second is the automation of markets beyond equities and bonds, including the spread of greater automation into foreign exchange and derivatives.

Yet as automation continues its advance in...



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