Airware Meets Vapourware As Banks Jump On The e-FX Trading Bandwagon
NEWS
LONDON--Banks all over the world are jumping on the electronic FX trading bandwagon, and the public relations machine is working overtime to press release new consortiums; but critics say many of these alliances are merely airware and that only a few will actually survive.
In the past month alone there have been announcements from: Treasury Dealer--launched last week (see related article, this issue) in conjunction with Morgan Stanley and BNP-Paribas. Also, Banco Santander Central Hispano (BSCH)
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