More tradable FX currencies now available on HSBCnet

First Published: e-Forex Magazine 21 / News / October, 2005

HSBC recently added to the number of tradable FX currencies available on HSBCnet (HSBC’s cross-product e-Commerce platform for clients of the Corporate, Investment Banking and Markets division). A total of 81 currencies, plus their respective crosses, are now tradable on-line, across majors, minors, emerging markets and NDFs. Currencies added in the past month include BRL, RUB, CNY, KRW and TWD.“Our approach is to support a trading platform that allows clients to do all of their FX trading in the same place. HSBCnet supports a wide range of currencies and does not impose any minimum or maximum trading amounts. We acknowledge that a number of clients require further emerging market currencies. With this in mind we plan to expand the number of supported currencies to over 120 in the next few months, by making the current indicative prices executable’, said Alan Clarke, Head of e-FX at HSBC....continued

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