BETWEEN THE LINES

BETWEEN THE LINES

REUTERS AND NORTHERN TRUST DEPLOY WEB-BASED FOREIGN EXCHANGE SYSTEM

Reuters and Northern Trust announced last week that they had partnered on an Internet-based electronic trading service for foreign exchange. FX Passport will be private labeled by Reuters for Northern Trust, whose global clients will not have the capabilities to trade foreign currencies on the Internet. FX Passport clients can automate their foreign exchange dealings in spot, forward and swap deals. The service is now available

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