Bank of New York Launches iFX Express
TRANSACTION SYSTEMS
NEW YORK--The Bank of New York announced the launch of iFX Express, a more user friendly version of the bank's two-year-old online foreign exchange order management and execution system, iFX Manager.
Richard Estes Jr., head of FX e-commerce at the bank, says iFX Express is aimed at corporations and broker/dealers that have relatively low FX trading volumes and therefore do not require the greater automation and user complexity of iFX Manager, which is geared toward fund managers.
Estes says that
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