CS breaks into retail forex
ZURICH - Credit Suisse is set to become the latest bank to target the bourgeoning retail foreign exchange market, with a margin FX trading platform tipped for launch in July, FX Week has learned.
The platform will be deployed with the Swiss bank's private wealth arm, signalling a continued trend by dealers to leverage that business line to generate forex flow. Earlier last year, Deutsche Bank realigned management of its margin trading platform, dbFX, more closely with its private banking efforts
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