FXalls industry solution for prime brokerage goes live

ABN Amro, Bank of America, Barclays Capital, BNP Paribas, Credit Agricole Indosuez, CSFB, Dresdner Kleinwort Wasserstein, HSBC, Lehman Brothers and The Royal Bank of Scotland have joined FXall's industry solution for prime brokerage.

First Published by e-Forex News: January, 2004

ABN Amro, Bank of America, Barclays Capital, BNP Paribas, Credit Agricole Indosuez, CSFB, Dresdner Kleinwort Wasserstein, HSBC, Lehman Brothers and The Royal Bank of Scotland have joined FXall's industry solution for prime brokerage. Taking advantage of a unique level of integration with the world's leading liquidity providers, FXall's prime brokerage functionality - which automates the give-up process for banks and their customers - is now available through FXall Settlement Center.
Market participants favour an industry solution that provides seamless connectivity to their environment and handles complex workflow issues. FXalls QuickConnectTM integration provides seamless STP between Settlement Center and any customer or bank environment. Users are able to connect to an industry standard messaging hub that allows for real-time messaging and automatic notification of prime brokerage deals. The automated functionality is compatible with any prime brokerage environment, and can be used for all prime brokerage trades - regardless of whether they are executed on FXall or through other channels.