Ireland Joins e-FX Race As Ulster Bank Readies System

INTERNET

DUBLIN--Ulster Bank is set to launch Ireland’s first web-based forex trading service for corporate clients next month.

The system--called TraderGold--will be rolled out to customers in three phases over the course of this year. The final stage will be rolled out before the end of 2000.

"The launch of TraderGold will add a new dimension to foreign exchange dealing in Ireland," says Declan O’Neill, Ulster Bank’s group treasurer in Dublin. "Because 70 per cent of Irish trade is conducted outside