ePulse Messenger Live With Wocu(TM), World Currency Unit
LONDON, May 11, 2010-- Following the recent launch of the ePulse Web Messenger product, the
company is pleased to announce the sublicense of this technology to the WDX
organisation which has gone live with the Wocu(TM) Messenger application.
"This application is specifically designed to help WDX grow the Wocu(TM), the
World Currency Unit community" said Barry Patel, Managing Director of ePulse.
"In addition to a functionally rich web-based instant messaging platform, we
are also pleased to announce our first implementation of the WDX streaming
prices adapter. This will provide the WDX community with streaming Wocu(TM)
spot rates and cross rates as part of the Wocu messenger offering allowing
clients to carry out efficient pre-trade conversations and price discovery on
an OTC basis. We also expect to add further order management plug-ins to
provide powerful electronic order processing and news dissemination
capabilities," he added.
"In return, Michael King, Managing Director of WDX, said, "We are pleased
to be using ePulse Web Messenger. ePulse understands markets and technology,
a somewhat rare combination. Wocu streaming prices using the Web Messenger
provides powerful Wocu facilities."
About ePulse
ePulse is a City of London based software business that specialises in
delivering innovative and customized instant messaging solutions to
businesses and financial institutions alike. Its flagship product OTCtrader
is profitably used by many commodities trading houses world-wide. Other
products the company markets also include Audit Logger and new generation
market data portals and streaming software. These products were developed
through in-depth understanding of front, middle and back office needs of
financial institutions.
About WDX
The WDX Organisation has developed a currency-basket instrument called
the Wocu; available for commercial use from 1st January 2010, the same day
WDX launched its commercial reference data products. The WDX Institute
independently monitors the application of the underlying Wocu Algorithm
sponsored by the WDX Organisation. It will dictate its revision and its
constituents. The Institute has formal terms of reference. The WDX Institute
is also a research body and will further academic research about World
Currency Baskets and their application; in particular the idea of a World
Currency Unit.
ePulse contact details
ePulse Limited
4 Crown Place
London
EC2A 4BT
United Kingdom
Tel: +44(0)20-7422-6300
ePulse Website: http://www.epulse.eu