LBBW joins 360T with Cognotec

The bank has extended its use of Cognotec’s AutoDeal+ foreign exchange trading platform to adopt the AutoDeal adapter, which provides an electronic connection to 360T.

"Large corporate customers and institutions that have a trading relationship with a number of banks prefer to join multi-dealer platforms, as they get quotes from several banks with just one quote request, instead of using several single-dealer systems," said Patrick Sehn, LBBW’s head of e-commerce capital markets in Stuttgart