FX Markets

Cognotec Expects 20 Banks To Be Live On AutoDeal Direct By Year-End

NEWS

LONDON--Internet software provider Cognotec expects more than 20 banks to be live on AutoDeal Direct by the end of this year, says London-based Cognotec’s global head of marketing, Albert Maasland.

Maasland was commenting in London to FX Week on Branch Banking & Trust, based in Winston-Salem, North Carolina, becoming the first bank to go live on Cognotec’s AutoDeal Direct.

AutoDeal Direct is an online FX trading service that links smaller banks to liquidity providing larger ones. Branch Banking

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