Social media finds a foothold in FX

Thomas Soede at BNP Paribas

The use of social networking in professional spheres has proliferated in recent years as tools such as LinkedIn and Twitter have created innovative ways of sharing information and connecting individuals. Some banks have now started to invest in social media as a means of boosting their electronic foreign exchange capabilities.

Although not without their challenges, institutions see such tools as a means of increasing the user friendliness of their electronic platforms, raising the profile of

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