Online FX Trading Can Smooth the Way to Straight Through Processing
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The time has come to face hard facts: unless banks get their act together and implement true straight through processing solutions for non-interbank business, they risk losing the cost-benefit efficiencies of online foreign exchange trading.
With so many successful equity STP projects now live, the process supporting online FX trading looks distinctly inadequate, holding back the entire securities process from achieving true T+1 status.
For non-interbank customers, the telephone is still
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