HSBC delivers enhanced e-trading functionality

This month sees markets@hsbc enter the area of global multi-product delivery with the availability of Money Market trading, alongside existing FX functionality, on a round the clock basis.

First Published by e-Forex News: July, 2002

This month sees markets@hsbc enter the area of global multi-product delivery with the availability of Money Market trading, alongside existing FX functionality, on a round the clock basis. A new HTML version is also now available, alongside the existing Java-based system. The platform can therefore now be accessed via a standard Internet browser such as Internet Explorer.<br><br>Alan Clarke, Head of e-Commerce for Treasury and Capital Markets, Europe said These two key upgrades are a direct result of customer feedback and will simplify the delivery of Treasury pricing for our customers still further.
The HSBC Group has been rolling out markets@hsbc to customers for the last year or so. The platform has proven most successful in the area of Foreign Exchange trading, delivering Spot, Forward and Swap pricing on an automatic basis. Volumes through the platform are currently running at around 10,000 trades and over $20 billion turnover per month. Price delivery is achieved in around only two seconds, within a secure environment, and with STP available for post-trade integration to Treasury Management Systems.