RBC launches delegated execution tool for buy side
UnityFX, developed by RBC I&TS and Broadridge, will help investment managers with their operational FX needs
RBC Investor and Treasury Services (I&TS) has launched UnityFX, an execution tool for asset owners and investment managers who do not view foreign exchange as a core part of their investment strategy.
UnityFX will allow customers to set execution parameters on underlying FX orders of traded securities, automatically deriving the client's exposure and working the orders according to pre-set execution goals.
"The information needed for UnityFX to derive a client's FX requirements is trade details
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