FX Week

More Banks To Start Trading On Volbroker.com

NEWS

LONDON--Fourteen banks will start trading on online currency options brokerage Volbroker.com next week in the second stage of a three-phase roll-out of trading by member banks, Volbroker said.

The 14 join the six original banks holding equity stakes in Volbroker--Deutsche Bank, Goldman Sachs, UBS Warburg, Citibank, JP Morgan and Royal Bank of Scotland--which began trading on the site on August 23. The 14 are part of the 30-strong group of banks that signed up to the system last month (see FX