Reuters (London) has acquired Application Networks (London/Palo Alto, CA), a provider of risk management software including the cross-asset derivatives trading platform, JRisk, for $41 million in cash.Reuters (London) has acquired Application Networks (London/Palo Alto alto, singing voice the range of which is lower than the soprano by the interval of a fifth. More generally, the term refers to the register in which this voice sings, i.e. , CA), a provider of risk management software including the cross-asset derivatives derivatives In finance, contracts whose value is derived from another asset, which can include stocks, bonds, currencies, interest rates, commodities, and related indexes. Purchasers of derivatives are essentially wagering on the future performance of that asset. trading platform, JRisk, for $41 million in cash. The acquired company will be integrated into Reuters' Trade and Risk Management unit, a part of Reuters Enterprise division that provides traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. , heads of desk and risk operations managers See datacenter manager. with a range of trade and risk management software options that address core risk issues. The Reuters Trade and Risk Management business generated 82 million [pounds sterling] in 2005. |
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