Currenex launches corporate tool

TECHNOLOGY NEWS

LONDON -- Online multi-bank FX trading portal Currenex is adding a new service -- FXinternal -- for corporates to manage their FX dealing operations with their affiliates and subsidiaries.

Corporates using the firm’s FX trades service will, from next month, be able to manage company-wide FX trading from one centre, as opposed to operating on a regional basis, the firm said.

"Many multi-national companies seek to increase centralisation and control of FX transactions initiated by a large number

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