Goldman Sachs links to Cognotec e-routing network

TECHNOLOGY NEWS

LONDON -- Goldman Sachs has linked its proprietary e-FX system, WebET, to Cognotec's Liquidity Linq service for electronic FX trading. The service, which electronically routes price requests between banks hooked up to it, means Goldman will be able to market foreign exchange to other users of Cognotec dealing services.

Goldman said it would particularly focus on banks that intend to extend the number of currencies or the range of trading hours they offer to their clients.

"The Cognotec

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