Another volume record for FXall

First Published: e-Forex Magazine 10 / News / April, 2003

FXall has achieved another volume record, crossing the $9 bn mark in daily volume for the first time. More than 425 clients are now signed to trade on FXall, in addition to the 43 banks who are fully integrated with the portal. The news of the volume record follows the introduction of FXall Settlement Center, which has introduced fully automated functionality for matching, netting and confirmation of trades.FXall Settlement Center – which follows the foreign exchange committee on electronic trading and settlement practises – also enables third-party notification via industry standard formats such as MT304 over SWIFT....continued

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