CBA completes first phase of FX systems overhaul

ben-mcmillan-cba-2011

Commonwealth Bank of Australia (CBA) is set to complete the first phase of a major overhaul of its foreign exchange systems this week as its Baxter electronic FX platform goes live and replaces the incumbent system.

The Australian bank is replacing all of its FX systems as part of a long-term initiative dubbed Project Falcon. The Baxter system will centre on improved access to third-party liquidity providers, better pricing and reduced latency.

"Phase one is about us connecting our customers to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: