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Reply #112: Euro Brokers 61/65 employees. part of Tradesoft Technologies. Risk [View All]

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DrDebug Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-28-06 05:37 PM
Response to Reply #72
112. Euro Brokers 61/65 employees. part of Tradesoft Technologies. Risk
Edited on Wed Jun-28-06 05:37 PM by DrDebug
Euro Brokers inter-dealer brokerage businesses generally fall into the brokerage of three broad groups of products: (i) money market products, (ii) derivative products and (iii) securities products. Within these three groups, Euro Brokers specializes in the inter-dealer brokerage of the following:

  • Money market products: cash deposits and other money market instruments
  • Derivative products: interest rate and credit derivatives
  • Securities products: emerging market debt and related products, various other fixed income securities (including convertible bonds, U.S. Treasury securities and federal agency bonds) and U.S. Treasury, federal agency and mortgage-backed repurchase agreements

    Euro Brokers is part of Tradesoft Technologies who offer integrated risk management.

    Euro Brokers lost 61 of 65 employees and was located on 84th floor of WTC2, right in the middle of the impact area.

    Four employees including the vice president took the stairs downwards even though they were advised not to go down any further because the floors were on fire. They say that they survived by ignoring advice.

    Every company which I find who lost a lot or most of their employees are either Risk or related to Cantor Fitzgerald. THe only others are security guards, fire men, police men and those 295 at that Marsh meeting
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