FX Markets

Cognotec To Launch Liquidity Service; Ex-DLJ Trading Head To Oversee Effort

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LONDON--Cognotec has taken on Stephen Jury as director of liquidity management for its Autodeal Lite Web-based foreign exchange and money market transaction service, and to launch a new service called Liquidity Linq.

Jury joins Cognotec from Donaldson, Lufkin & Jenrette (DLJ), where he was head of FX trading. He has also held similar positions at UBS and the former Chemical Bank in New York (now Chase Manhattan Bank). Jury, who will be based in New York, will report to John Beckert, president of

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