Bank Of Montreal Launches New Product For FX Margin Trading From Chicago

BANKS

Bank of Montreal (BMo) has begun marketing a foreign exchange margin product from Chicago in a move to reach a currently untapped customer base comprised of currency fund managers, commodity trading advisors (CTAs), and other non-bank financial institutions, according to product manager Debbie Rechter.

"More and more corporates are going to money managers to execute their business and managers are now acting on behalf of a large number of clients simultaneously," says Rechter. "This gives us

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