CMG Invests In New Trading Room

Published April 23, 2007, 1:00 a.m. EDT

|

Updated August 27, 2020, 1:56 a.m. EDT

1 Min Read

MADISON, Wis. - CUNA Mutual Group has launched its state-of-the-art trading room as part of the firm's effort to develop its investment capabilities. The 1,700-square-foot trading room is home to traders, analysts and portfolio managers, allowing them to share real-time information. CMG invested some $800,000 into the facility, which includes 14 full trading desks, four analyst tables a stock ticker and two plasma monitors for real-time investment information.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Bank Notes

Those sleepy deposits that are 90% of your customers are waking up

Apollo's chief economist may be premature on the idea that AI agents will drive people into higher-rate savings products. But he's not that premature.

By Paul Vigna
Managing Editor

32m ago
Employment data

Hiring slows down significantly in September

The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.

By Ebrima Santos Sanneh
Reporter

2h ago
Retirement planning

Wealth advisors should adapt services as financial strain hits high earners: Goldman

Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.

By Zoe Sagalow
Reporter

6h ago
Private credit

Fed's Cook downplays systemic risks posed by private credit

Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.

By Maria Volkova
Reporter

October 1
Fiserv

Fiserv, FiCare clash over passcodes in card-freeze fight

FiCare asked a judge to stop Fiserv from using automated checks to lift fraud holds. Fiserv says the credit union could have turned on one-time passcodes.

By Carter Pape
Technology Reporter

October 1
Prediction Markets

CFTC files two 'swap' definition change rules to White House

The federal agency's proposed definitions characterize event contracts as swaps, but exclude "casino-style" gambling.

By Melinda Lucy
Tech Reporter

October 1

Load More