FX Week

Pronet offers outsourced technical analysis

The first client, an unnamed European bank, signed up for the service -- called ‘Premium FX’ -- in February, and another non-European bank is expected to sign up in the coming months, said Shane Smith, Pronet’s chief executive officer in London. Pronet has yet to sign up a third and final client. "We are making the service available to a maximum of three banks to maintain the value of the information," he told FX Week.

Whereas most research and analysis firms, including Pronet, typically

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