News In brief
CDIB launches trading desk with Imagine Software
Taipei-based China Development Industrial Bank (CDIB) has launched a multi-strategy, global macro trading desk using Imagine Software's Derivatives.com as its real-time front-to-back office trading and risk management system.
Bertrand Hongre, head of macro trading at CDIB, said the bank intends to spin the desk off into a standalone fund in years to come. "A portable application service provider-based solution - outsourced from CDIB's internal
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