FXall and SunGard are now offering money market funds to FXall clients and FX services to customers of the SunGard Transaction Network (STN). The connectivity between the two platforms gives FXall clients the ability to trade money market funds directly through their current browser interface using SunGard’s STN Money Markets portal. In addition, SunGard has enhanced its STN Money Markets portal to provide customers with access to FXall's FX trading solution.
Commenting on the agreement, Phil Weisberg, CEO of FXall, said: "The ability to offer access to a significant depth and breadth of money market funds is a key development for both FXall's existing client base and the wider FX market. It provides clients with a best-of-breed single point of execution for a broad range of new assets.”