TECHNOLOGY

TECHNOLOGY

British Telecom's Visual and Broadcast Services division last week launched Finess, a satellite-delivered communications service designed specifically for financial market participants, including forex brokers. Prebon Yamane is one of the early adopters of the service, which allows information including voice and data to be transmitted simultaneously across Europe.

U.K.-based Futures Pager has launched an upgraded version of its telephone service. Futures Call offers more than 5,000 spot and

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Banca Italease restructures after losses

MILAN – Banca Italease is to reorganise its risk management and control processes, following the announcement of a net loss of €686 million ($937 million) from its derivatives business.

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