Banks focus on single-bank systems post AusMarkets


SYDNEY -- Australian banks are redirecting e-commerce investment towards their proprietary FX trading platforms, following the shelving of planned regional multi-bank trading portal AusMarkets last year.

The portal, which ANZ, National Australia Bank, Commonwealth Bank of Australia and Westpac Banking Corp originally planned to launch last year, is still legally intact. But it is "unlikely to go ahead", according to former chief executive Simon Narroway, last week.

"Practically, there are no

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: