Scotia Capital Makes Push Into Internet With Foreign Exchange Trading Service

INTERNET

TORONTO--Scotia Capital, the investment banking arm of Scotiabank Group, launched its internet-based FX trading service last week.

The system, called Scotia FX, was rolled out for Scotia Capital’s clients in Canada and the US. It will be launched globally later in the year depending on client take-up, says Tim Kastelic, vice president of marketing at Scotia Capital in Toronto.

Users can trade spot, forward and swap FX transactions. In addition, clients can access daily market commentary and st