Resona Bank selects Reuters FX Trading system

Resona Bank, one of Japan's leading commercial banks, has selected Reuters to implement and host Resona's foreign exchange dealing internet portal. Resona Bank selected Reuters Electronic Trading for Automated Dealing (RET-AD) and will use it to serve its corporate customers throughout Japan. Resona Bank's foreign exchange (FX) trading portal takes advantage of Reuters new, hosted automated dealing offering.The new system, which will be live in April, will allow Resona Bank's corporate customers to access and trade on real-time, executable foreign exchange prices by accessing Resona Bank's website from any standard internet browser. This will help Resona Bank's customers reduce time and simplify trading foreign exchange from manual deals conducted via telephone. Resona Bank will be the first bank in Japan to install Reuters new automated dealing system....continued

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