FXall Settlement Center for Q4

TECHNOLOGY NEWS

LONDON -- Multi-bank FX trading portal FXall is planning to launch its Settlement Center service in Q4.

Now in beta testing with clients, the system is designed to increase the speed and efficiency of the trading process while minimising the risk of post-trade errors, said FXall.

When live, the service will enable users to settle trades executed through FXall and upload telephone deals and trades executed through any of FXall’s bank member’s platforms on to the system. Traders can match, confi