Chase Launches Comprehensive Forex Trading & Payment System

DEALING & NETTING

Chase Manhattan Bank formally introduced its "next generation" of Chase Trader, the on-line FX trading and payment module that, together with the new Chase Insight platform, offers customers the most comprehensive system available for global treasury management, officials claim.

Chase has upgraded its Chase Trader system, first introduced in 1992, to a Windows-based system from DOS. Originally, the system could only handle U.S. dollar-based transactions and was accessed on a separate terminal

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