Clariden centralises forex pricing data

NEWS

The system, dubbed FXLine, is a white-label version of Swissrisk Financial Systems' MM3 rate management and calculation engine. The system uses data from Thomson Financial, although a Swissrisk official said MM3 can be used with other data vendors.

FXLine uses a datafeed that includes spot, forward and deposit rates for more than 20 currencies against the US dollar. The data is delivered from a central point to ensure users view the same prices at the same time, irrespective of their geographical

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