Fxall, Atriax About to Merge
TRANSACTION SYSTEMS
LONDON--Multibank FX trading portals Fxall and Atriax could merge this week, according to rumors sweeping the FX market. It is likely that such a combined system would be based on Fxall’s technology, which is widely seen as superior to that of Atriax.
Although officials at both firms decline to comment on the speculation, sources across the industry say that Fxall, which is owned by 14 global banks, would be the dominant partner in the anticipated merger.
AVT built Fxall’s core trade-routing
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