BNP Paribas rolls out Cortex FX single-dealer electronic platform

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BNP Paribas has today unveiled its newly developed foreign exchange single-dealer electronic platform, making it the latest in a string of banks seeking to expand their market share in the competitive e-FX space.

The platform, dubbed Cortex FX, replaces the bank’s interim platform, FX eTrader, which it launched in late 2009 and was based on a white-label agreement. As reported by FX Week in December, Cortex FX was developed in-house and is based on Microsoft’s web-based Silverlight technology.

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