Since its launch two years ago by a consortium of four investment banks Citi, Credit Suisse, Dresdner Kleinwort and Merrill Lynch the number of the global platforms users has almost quadrupled to 242, including 150 sell-side firms, leading hedge funds and traditional asset managers. Approximately 50% of users are based in Europe, 25% in the US, and 25% in Japan and the rest of Asia.
The system enables users to send...