HSBC Trinkaus and Burkhardt launches online fx portal

HSBC Trinkaus and Burkhardt, based in Germany, has launched its branded online foreign exchange portal using the Reuters Electronic Trading - Automated Dealing (RET-AD) hosted service. The bank is using the system to provide clients with a global online foreign exchange system. Clients can use the service to outsource trading and processing to the HSBC Group globally.Tony Cripps, global head of e-commerce, corporate, investment banking and markets, HSBC, says: "This is an important step in our plans to provide clients with the ability to outsource trading and processing to the HSBC Group on a partial or exclusive basis. Clients benefit by gaining access to expanded services while outsourcing risk management." Reuters says HSBC is the first tier one bank to use the hosted platform as a white-labelled service....continued

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