New banks join RTFX

Reuters have announced that Deutsche Bank, Dexia, HSBC and Société Générale are the latest banks to go live on Reuters Trading for Foreign Exchange. In addition, Citigroup became the newest bank to commit to the service and plans to go live in Q3. These major FX banks add further weight to the dealer to customer foreign exchange trading service.Reuters Trading for Foreign Exchange (RTFX) allows banks and their customers to trade foreign exchange from their Reuters desktop. The launch by this latest round of price makers brings banks, corporate and other financial participants around the world the ability to quickly and securely execute spot and forward FX and manage post trade processing through a single sign-on, utilising Reuters global desktop footprint in the FX marketplace. RTFX has the support of 21 price makers and over 500 price takers from around the world....continued

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