EU Approves Volbroker.com To Launch At End Of August
NEWS
BRUSSELS--The European Commission gave its approval to multi-bank foreign exchange options brokerage Volbroker.com last week, paving the way for a launch at the end of August.
Volbroker.com was formed by Deutsche Bank, Goldman Sachs, UBS Warburg and Citibank last year to automate forex options trading, moving it to a web-based platform.
JP Morgan and the Royal Bank of Scotland later joined the consortium, which was originally due to launch in the second quarter of 2000.
The European Commission
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