"CFOWeb Traded Once In Eight Months," Claims e-FX Insider
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NEW YORK -- Capital markets trading portal CFOWeb transacted only one trade since its launch in June last year, a source close to owners of the site -- e-commerce firm Integral -- told FX Week.
The source said the transaction was a back-to-back trade -- which exposes the counterparties to minimal risk because the position is only left open for seconds.
The claim follows rumours in the e-FX industry that CFOWeb officially stopped trading on the site two weeks ago. (FX Week February 15). A
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