Merrill Lynch Goes Live with Reuters’ Newest AVT-Based FX Platform
CONNECTIVITY
NEW YORK--Merrill Lynch has deployed an automated foreign exchange (FX) offering from Reuters based upon a transaction platform that Reuters acquired when it purchased AVT Technologies last year, TTW has learned.
The state-of-the-art platform is derived from AVT’s EchoFX, but includes enhancements from Reuters, say industry sources. The new platform, to be known as the Reuters Electronic Trading for Automated-Dealing (RET-AD), recently went live for Merrill Lynch’s global FX client base, sources
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