FXall Signs Bank Of New York And Eight Technology Vendors
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NEW YORK -- Bank of New York, the world's largest custodian bank, today joins planned internet FX trading service FXall as an equity-holding bank in the venture.
The bank will bring FXall significant advantages in terms of technology and clients, say analysts, and pushes the number of banks holding equity in FXall to 14.
Bank of New York already has a fully operational internet trading platform for FX, called MarketMarque, which enables users to request FX quotes from multiple banks on the system
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