Oberbank Offers Austria’s First Web-Based Trading For Forex
INTERNET
LINZ--Oberbank has become the first Austrian bank to offer internet-based foreign exchange trading to its clients with the launch of FX NetTrade. The bank went live with its version of Cognotec’s AutoDeal Lite service last month.
"We expect our clients to enjoy a number of benefits as a result of using AutoDeal Lite," says Helmut Edlbauer, head of treasury for Oberbank.
"For smaller transactions -- less than EUR500,000 -- they will not have to deal with an in-house contact and will be able to
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