DealHub client consolidates trades

The bank adopted the service two weeks ago, after two months of testing, which included back-office systems reconciliations.

"This is an existing client that has been using our straight-through processing service from various foreign exchange trading venues since 2006," said Tim Finch, DealHub's head of marketing and sales in London.
The tool is a standalone unilateral deployment for internal netting and uses a DealHub FIX interface that has been structured to take trades from internal sources

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