Banks face tough decisions in platform programming
The choice of programming language has been a key consideration for the plethora of banks that have launched or revamped their foreign exchange single-dealer platforms recently. Many market participants are backing mark-up language HTML5 as the most likely to become the industry's standard in the web platform technology race, but large banks are hedging their bets while they wait for clients’ browsers to catch up.
"With any new technology, there are early adopters who upgrade to the latest
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