Echo Steps Up Marketing Efforts With 100-Bank Customer Target
DEALING & NETTING
The Exchange Clearing House Organization (Echo), the multilateral FX netting clearing house, is stepping up its marketing efforts since it was launched a year ago (FXW, August 18, 1995), having made key appointments in that direction, officials say.
Officials say the recent appointments are part of Echo's previously announced strategy to boost its market presence and increase membership. "Echo hopes to get around 100 banks signed up to its multilateral foreign exchange netting clearing service
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