HSBC white-labelling by Q3

An extension of the bank’s current bank-to-client platform -- [email protected] -- the new service has been developed in conjunction with Reuters (FX Week, April 14).

Jake Smith, associate director in
e-commerce treasury and capital markets, told FX Week the service is designed for its client banks that don’t currently provide liquidity across the full range of currencies.

"FX liquidity is fast amalgamating towards five or six main providers," said Smith. For the rest of the industry, the big draw