​ Mellon LMS Adds Common Fund and GE Enhanced Cash, Cash+ to Portal. A press release today announced that The Common Fund for Short Term Investments, a "bank common trust fund maintained by Wachovia Bank" is now available to nonprofit, educational and trust customers via Mellon'​s LMS online trading "​portal". "​Commonfund has a long history of serving higher education institutions with investment advice and products," says Steve Cobain of Mellon. LMS also now offers GE Enhanced Cash and GE Cash Plus, private placement "​3c-​7" funds available only to qualified investors. In addition, the Mellon portal now offers enhanced "​pre-​trade compliance functionality" for monitoring investment guidelines. Mellon LMS is the industry'​s largest online money market trading portal with over $​25 billion in assets, according to a recent Money Fund Intelligence survey.

Your Name:
Your Email:
Recipient Email(s):

Use a comma or a semicolon to separate

Please retype symbols from the image:

Optional Message

Money Market News Archive