Tech briefs

ForeXTrend powered by COESfx trading platform

New York-based electronic currency network COESfx is to supply its trading platform to power Florida-based online FX trader ForeXTrend. The agreement will market the platform to retail and introducing broker clients.

The COES (Currency Order Execution System) Level 1 platform offers bid/offer quotes directly from price providers and other traders. All traders are therefore market-makers with the ability to post bids and offers.

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