HSBC offers White Label FX
HSBC Bank plc has recently announced that it is to offer an outsourced FX trading service to its partner banks and corporate institutions.
First Published by e-Forex News: July, 2003
HSBC Bank plc has recently announced that it is to offer an outsourced FX trading service to its partner banks and corporate institutions. Banks and corporate clients will benefit in a number of ways, including being offered a purpose-built e-trading platform, the choice of price feeds either from HSBC or their own trading desk, and a range of up to 70 currencies including majors, minors and Emerging Market currencies and crosses.
HSBC has partnered with Reuters, who independently host and maintain the data as part of the service. Tony Cripps, Head of e-Commerce, Global Markets at HSBC commented,"HSBC will offer its bank and corporate partners both flexibility and a range of choices. Choice of platform branding, choice of currencies quoted and choice of price feeds from either HSBC or their own trading desk."