Forexster signs up first bank

The move, which is Forexster’s first deal with a financial institution in the FX market, will enable Bear Stearns and its clients to trade directly with other clients on the matching network.

Access to the Forexster network will provide the bank’s clients with an innovative new alternative for FX trading, said Ross Taylor, senior managing director at Bear Stearns.

Forexster targets interbank, corporate and speculative clients. Its electronic FX dealing platform, forexster.com, works as a

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