Commerzbank To Go Global With IFS' Marginman

FRANKFURT--Commerzbank is replacing an internally developed collateralized trading system with a global rollout of the Web-based Marginman foreign exchange margin trading and position-keeping system from International Financial Systems (IFS).

Traders in the London and Frankfurt branches of Commerzbank will be among the first to use the Marginman version 2.0 platform, says Hans-Joachim Schwabe, senior vice president and project manager for Commerzbank; Schwabe is also responsible for the FX sales