DEALHub to launch netting service
Pre-operations netting has been at the centre of much debate, with surging ticket volumes from programme traders testing the archaic back-office systems at banks. It is rumoured that at one FX prime broker, ticket numbers reached a peak of 50,000 in a day – higher than its FX business.
The vendor has developed a graphical user interface with matching and aggregation in real time. Although a pilot and financial terms have yet to be established, a pre-pilot study with banks found that ticket
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