Cognotec moves into custody
NEWS
The Cognotec Foreign Exchange Custody Service (FXCS) enables custody providers to automatically net both sides of the same currency trades. The trades can then be netted in bulk and routed to single or multiple liquidity providers to be executed in the market.
Kieran Fitzpatrick, head of strategic solutions for Cognotec, said integration between different systems is becoming more important. "Increasingly, true trading efficiencies are to be found by integrating previously discrete systems with
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