STP Makes the Difference Among FX Platforms
TRANSACTION SYSTEMS
LONDON--Straight through processing is the main differentiator for clients looking at using online foreign exchange trading portals, according to a paper by London-based ClientKnowledge, a research analytics firm.
"STP has become an easy, somewhat-hyped shorthand for process improvements that can, when well-executed, reduce risk and deliver significant cost savings," according to FX Study 2002. "For example, in Europe, institutions rated STP above the range of products and liquidity providers
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