Resona opts for Reuters’ FX platform

Customers can access and trade on real-time, executable FX prices by accessing Resona Bank’s website from a standard internet browser. This is intended to replace manual telephone deals.

"By choosing the Reuters-hosted option we will be able to offer a service at a lower cost than if we had developed independently," said Nobuyoshi Yamaguchi, executive officer of the corporate business division at Resona in Tokyo.

Retad was developed by Reuters as a result of the merger of its former Automated