FXall partners with Russian banks

First Published: e-Forex Magazine 26 / News / January, 2007

FXall has created a panel of Russian banks to promote online trading of the Russian ruble. The banks, which include Absolut Bank, Bank of Khanty-Mansiysk, Investsberbank, Metallinvestbank and Sudostroitelny Bank, will provide ruble liquidity over FXall to Russian and international clients. The panel was formed at ACI Russia’s Second International Forex Seminar, at which FXall presented to more than 50 Russian foreign exchange specialists. Delegates included representatives from the Central Bank of the Russian Federation, as well as 32 Russian and overseas banks, investment firms and brokerage companies.Igor Souzdaltsev, President of ACI Russia and Head of Financial Institutions at Investsberbank, said: “As Russia plays an increasingly important role in the global economy, there is a pressing need for round-the-clock access to ruble liquidity. FXall is in the perfect position to meet this demand.”...continued

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