FXConnect’s daily trading volume surpasses $40 Billion

State Street Global Markets, the investment research and trading arm of State Street Corporation, announced recently that its FXConnect multi-bank electronic trading system has surpassed $40 billion in daily trading volume.“FXConnect’s value proposition for real-money managers is evident,” said Simon Wilson-Taylor, managing director and worldwide head of Global Link for State Street. “Our customers truly understand and value our unique business model, and this high-volume mark is a testament to their continued support.” Launched in 1996, FXConnect became the first multi-bank trading platform for foreign exchange in March 2000. FXConnect is offered via State Street’s Global Link network, which delivers unique fact-based research, decision support tools and trading technology to clients around the world....continued

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