Volbroker Chief Executive Expects Eventual Trading Consortia Link-Up
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NEW YORK--An eventual link-up is likely between Volbroker and one of the bank-owned consortia -- Atriax or FXall -- set to launch internet FX client-trading portals in 2001. So says Dirk Ward, chief executive of online FX options brokerage Volbroker.
London-based Ward told FX Week: "Our clear focus is inter-dealer. Theirs [Atriax and FXall's] is bank-to-customers. But it makes sense for that [a link-up] to happen."
FXall, which is owned by 14 global banks, says it will launch FX trading in Q1 2001
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