Alpari US live with Morgan Stanley FXPB

The retail broker began using the US bank at end of July, having gone live with Morgan Stanley FXPB in the UK the previous month. There, the company used Deutsche Bank.

Officials at the company said the decision was based on the bank’s ability to support Traiana’s Harmony NetLink Client system. The trade-aggregation system compresses trades between FX retail platforms, liquidity providers and prime brokers, meaning that only net tickets are processed at back-office systems.

Officials at Alpari

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