UBS adds to e-prime brokerage

NEWS

LONDON -- UBS Warburg last month added a ‘position ladder’ system to its online FX prime brokerage service, which allows traders to deal from post-trade reports.

Users may pull up a record of all open FX positions by date and currency and aggregate them to view total net positions for specific dates and currencies.

They may then trade directly off the position ladder and perform rollovers on positions logged in the ladder.

"It greatly increases the efficiency of managing your exposure," said

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