FNX to Supply New Asian Trading Portal
TRANSACTION SYSTEMS
SINGAPORE--Pennsylvania-based FNX will supply the trading engine to a new consortium-backed Asian trading portal, according to a source at FNX in the Asia-Pacific region.
The platform will link regional banks with buy-side clients and will rival global multi-bank initiatives like Atriax and Fxall. It is backed by an Asian consortium that is led by a Singapore-based corporate.
The source says the system would enable corporations to request prices electronically from multiple banks in foreign
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