State Street Launches Corporate Trading Feature On FX Connect

FRONT PAGE NEWS

BOSTON--State Street Corporation is entering the online corporate FX market with the October 2 launch of a new feature on the bank’s FX Connect trading platform.

The feature, Quick FX, which is accessible within the FX Connect site, targets corporate treasurers and hedge fund traders, says Simon Wilson-Taylor, senior vice-president at State Street in Boston. The original service, FX Connect, had been designed for institutional investors, State Street’s core clientbase.

Corporate treasurers

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