Treasury Dealer Trading Platform Backed By Morgan Stanley And BNP Paribas

NEWS

LONDON--An electronic transaction system for short-term money market products is being set up with backing from Morgan Stanley Dean Witter, BNP Paribas and venture capital firm Springboard.

The trading platform, called Treasury Dealer, is being developed by chief executive officer Ian Forrest, previously co-head of the European treasury division of BNP, and Matt Thomas, who was the treasurer for BNP Finance.

Treasury Dealer enables participants to manage money-market trading activities with

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