Attain uses COESfx to enter FX arena

Ten traders who formerly traded equities are now using the Currency Order Execution System (COESfx), a senior official at COESfx in New York told FX Week.

Attain’s new focus on FX comes after months of dwindling returns from equity markets. FX dealers have also reported increasing interest in trading forex from fund management firms who have seen their equity portfolios underperform.

Attain Services is an affiliate of Domestic Securities, a Nasdaq broker/dealer that operates the Attain ECN for