BZW Boosts London Forex Dealing After Taking New Trading System

TECHNOLOGY

Barclays de Zoete Wedd (BZW), the investment banking and treasury arm of Barclays Bank, plans to increase its foreign exchange dealing positions from 80 to 100 by the end of 1993, sources say.

BZW has signed a global source-code license for Storm/X--Strategic Treasury On-line Risk Management--a deal-capture and position-keeping application from New York-based Intelcom Data Systems. Initially to be installed in London, the software will eventually be rolled-out to BZW offices in Europe, New Yo