UBI to Deploy Reuters FX Platform

FX TECHNOLOGIES

MUMBAI—Union Bank of India (UBI) has selected an electronic transaction platform from Reuters as the basis for the forthcoming UBI online foreign exchange (FX) trading portal.

UBI has selected the Reuters Electronic Trading for Automated Dealing (RET-AD) system to serve its corporate customers throughout India. The bank will use RET-AD to expand its FX volumes and add value to its business, says Bhasker Sen, general manager, treasury at UBI, in a prepared statement. UBI did not return numerous

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