Quilium Joins FX Vending Market

NEW ENTRANTS

SAN FRANCISCO--Another entrant into the forex vending market emerged last week, as Quilium announced its internet-based system for processing foreign exchange transactions.

The Brisbane, California-based company is set to compete with market heavyweights, Cognotec, and more recent entrants--Dene and SCS.

Quilium’s service, called eDealer will give banks and brokerages deal capture and processing for foreign exchange via the internet.

And an API version will provide e-commerce and e-finance site