News In brief
New forex platform for institutions
San Diego Currency Exchange has launched a new foreign exchange platform for institutions and corporates to help identify currency exposure and develop overlay risk management strategies.
The platform will use straight-through processing and use a limited power of attorney to trade funds overnight, risking 1% of the capital, said LeRoy Young, founder of the exchange.
Israeli bank re-signs with Fenics FX
Bank Leumi of Israel has extended its contract for GFI's
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