Commerce Bank Introduces Online Foreign Exchange Capabilities Through Bloomberg.Business Editors KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--Jan. 22, 2001 Commerce Bank (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBSH) announced today that it has expanded online foreign exchange services to commercial customers. Customers can access Commerce Bank's foreign exchange services including swap, forward and spot transactions via the BLOOMBERG Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. Professional Platform. Customers can perform foreign exchange transactions directly from their desktop, for increased speed and convenience of real-time information and activity. Customers can now search exchange rates and transaction services to match their immediate need. An additional benefit of the service is increased accuracy. A blotter A written record of arrests and other occurrences maintained by the police. The report kept by the police when a suspect is booked, which involves the written recording of facts about the person's arrest and the charges against him or her. BLOTTER, mer. law. record of all trades is available, which enables better record keeping. "As speed and convenience become increasingly important to business, Commerce continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. looks for ways to provide value-added capabilities to our clients," commented Craig Stevenson, Senior Vice President and Manager of the International Department of Commerce Bank. "Bloomberg has created a transactions platform where 31 banks have come together, allowing customers more convenient access to foreign exchange information and rates. The platform provides the online ability to communicate directly with a foreign exchange specialist from Commerce for additional information or assistance." To explore the site, customers need access to Bloomberg. From there, simply type, CBFX (go). Bloomberg L.P. is a global, multi-media based distributor of information services See Information Systems. , combining news, data and analysis for financial markets and businesses. Bloomberg provides real-time pricing, historical pricing, indicative data, analytics and electronic communications 24 hours a day through 148,200 BLOOMBERG PROFESSIONAL systems used by over 192,500 financial professionals in 100 countries. Bloomberg media includes television, radio, publishing and Internet operations worldwide. Commerce Bank is an affiliate of Commerce Bancshares This article is about the bank headquartered in Kansas City, Missouri. For other uses, see Commerce Bank. Commerce Bancshares (NASDAQ: CBSH) is a Kansas City, Missouri based bank with branches in Kansas, Missouri, Illinois, and Oklahoma. , Inc., a registered bank holding company with assets of $11.1 billion offering a full line of banking services, including investment management and securities brokerage. The Company currently operates in approximately 330 locations in Missouri, Illinois, and Kansas. The Company also has operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. involved in mortgage banking, credit related insurance, venture capital, and real estate activities. Stock symbol: CBSH Website: www.commercebank.com E-mail: mymoney@commercebank.com |
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