Trio of Banks to Trade Fed Funds on BankOxygen

October 25, 2001 ( - M&I Marshall & Ilsley Bank, Zions Bancorporation and Societe Generale Bank will now be offering their wholesale investment products on FinancialOxygen's online trading hub, BankOxygen.

These providers are initially offering Fed Funds through BankOxygen, a platform that connects providers of capital markets products with middle market financial institutions.

BankOxygen offers online trading of:

· Fed Funds,
· repurchase agreements,
· money market securities, and
· loans

BankOxygen executes $3 billion a day in transactions. More than 400 independent financial institutions and 12 product providers participate at the site.