UBS to build post-trade hub
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The Swiss bank is to establish the service by the second quarter of 2006. Guido Buehler, managing director of cash and derivatives operations, said the cross-product client portal would enable it to build FX business and cut margins. "It will give us a competitive edge and enable us to deliver the post-trade service to UBS clients on business they do with our rivals."
He gave the example of a small retail bank that does not have the infrastructure or operational staff as the type of client who
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