FXConnects 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.

First Published by e-Forex News: October, 2005

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.<br>
FXConnects 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 Streets Global Link network, which delivers unique fact-based research, decision support tools and trading technology to clients around the world.