21 July 2018
Visit www.avoka.com

Bank of New York launches commercial paper trading via MoneyFundsDIRECT site

09 November 2004  |  499 views  |  0 Source: Bank of New York

The Bank of New York, a global leader in securities servicing, has launched commercial paper trading capabilities through its premier short-term investing website, MoneyFundsDIRECT.com.

This new capability provides institutional investors with a direct link to a broad selection of commercial paper programs through a single source and expands on an extensive list of short-term investments, including well-known money market funds.

Joseph M. Velli, senior executive vice president at The Bank of New York, said, "The addition of commercial paper trading through MoneyFundsDIRECT.com makes it easier and more convenient for our institutional clients to have a single point of contact for their short-term investment needs. Investors can initiate trades and have access to investment information in a secure, online environment."

MoneyFundsDIRECT.com is the interactive web-based solution for Money Funds DIRECT, the Bank’s unique global liquidity program. Since 1997, Money Funds DIRECT has provided integrated, short-term investment services that meet the particular investment and liquidity objectives of institutional investors through The Bank of New York as a single point of contact.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.comVisit info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13083 views comments | 6 tweets | 7 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
10694 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9859 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
6970 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
6811 views comments | 2 tweets | 7 linkedin

Featured job

Find your next job