Korea Deal For Cognotec

NEWS

LONDON -- Dublin-based software provider Cognotec last week announced a venture with information technology firms Softbank Finance Corp and Posdata to sell FX trading software to Korean financial institutions.

"Korea's a huge market -- a unique market advanced in many ways. We believe there will be a rapid take-up in online dealing there," Albert Maasland, global head of marketing at Cognotec in London, told FX Week.

Cognotec said recent liberalisation of the Korean won and the Korean markets

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