FX Markets

IFX Merges Online Services

NEWS

LONDON -- London-based market-maker IFX is terminating IFX Corporate, its online service for currency transactions over $500,000. The service will be merged with its existing online FX service, IFX Direct.

The merged service should be available by mid-year, says chief executive of IFX in London Graham Wellesley.

All trades under $5 million will be automated from a single price-feed, allowing clients to click-and-trade on a real-time feed of bid and ask quotes.

"We will merge our dealing desk with

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