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 Messenger application. "This application is specifically designed to help WDX grow the Wocu, 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 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 hope 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”. 

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 include Web Messenger, 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. 

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.