ANZ's Three-Part Strategy for Electronic FX Trading

TRANSACTION SYSTEMS

LONDON--ANZ Investment Bank announced last week that it will start trading foreign exchange on independent trading service Currenex as part of a three-way strategy to trade FX electronically.

David Reid, ANZ's head of e-commerce for global foreign exchange, says the bank will continue to develop its proprietary trading system, ANZ Online, and it remains committed to FX trading consortium Atriax as a founding member.

ANZ's strategy is typical of a number of banks that want to have a range of

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