Ulster Bank Updates e-FX Trading

TECHNOLOGY

DUBLIN -- Ulster Bank's online FX trading system, TraderGold, can now process complex currency transactions online, treasurer Declan O'Neill told FX Week.

Ulster Bank dealers can now initiate outrights, pre-deliveries and historical rate rollovers, option-dated forwards and option-dated rollovers on the system. Previously, dealers manually intervened for complex client orders.

The bank will add money markets and STP deal confirmations to the platform in future releases, said O'Neill.

Ulster Bank's

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