Kx Systems targets FX participants with database technology


Foreign exchange market participants are gradually seeing a need to upgrade their database technology to meet new standards set by ever-increasing daily trading volumes and the prospect of new regulations, according to database technology vendor Kx Systems.

"Because the volumes in FX are increasing, this market is becoming very interesting for us. Until recently, banks could manage their business with a traditional database. As happened in other asset classes in the past, institutions are now lo