INTL FCStone subsidiary upgrades payments platform

Global payments division launches Fix protocol for cross-border payments in exotic currencies

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Carsten Hils: "Integration of Fix into FXecute solidifies our industry leadership in the global payments space"

INTL FCStone's global payments division has launched a financial information exchange (Fix) protocol, which it plans to integrate with its FXecute platform, creating one of the first Fix offerings for cross-border payments in exotic currencies.

"We have been the industry leader in providing cross-border payments solutions in exotic currencies for two decades, and the integration of Fix functionality with our proprietary FXecute platform substantially enhances the services we offer to our bank

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