FX Traders Get Fides System At West LB's Dusseldorf Office

TECHNOLOGY

FIDES, a Swiss-based systems integrator, is installing a digital distribution system at the Dusseldorf offices of WestDeutsche Landesbank (West LB). The system will be used in the bank's foreign exchange dealing room and will comprise between 20 and 25 positions, according to Rudolf Zeller, head of FIDES' trading systems group.

The system, based on DEC's DECtrade data distribution platform, is expected to go live before the end of this year. FIDES has already installed a deal-capture and posi