Currenex to launch online prime brokerage for forex

TECHNOLOGY NEWS

LONDON -- Currenex will announce today it plans to add an online prime brokerage service to its multi-bank FX trading platform. The addition will enable clients to trade with any of the 45 Currenex member banks, without requiring multiple credit lines.

The service -- Enhanced Market Access (EMA) -- will be launched before the end of the year, Lori Mirek, Currenex chief executive, told FX Week. "In other markets, such as stocks, you can trade with anyone, but in FX you must have a credit rela