Tech briefs

Calyon licenses TraderTools

French bank Calyon has licensed US vendor TraderTools’ order management system OrderTools for its FX business.

The bank, formed from the merger of Credit Agricole Indosuez and Credit Lyonnais in May, will use the firm’s STPlatform in 17 global sites.

Jon Simmonds, global head of spot FX at Calyon in London, said the merger had spurred a "renewed focus on FX" and a "unique opportunity" to invest in off-the-shelf products. "OrderTools will allow our branch traders a