Bank of Scotland And Mellon Bank Add To Proprietary e-FX

TECHNOLOGY NEWS

GLASGOW/BOSTON -- Bank of Scotland and Mellon Bank both last week announced the launch of new online FX dealing services, as the launch dates of the high-profile multi-bank dealing platforms approach.

The additions back-up recent evidence that online use of FX trading is still growing among many niche and mid-tier banks -- while many of the larger players wait to see the impact of imminent multi-bank portals, FXall and Atriax (FX Week, April 30).

In Glasgow, Bank of Scotland launched Bosdeal