Cognotec Aims At Smaller Players With Launch Of Autodeal Direct
NEWS
LONDON—Cognotec, which makes electronic foreign exchange transaction systems, has launched a new trading system dubbed Autodeal Direct to address the needs of smaller banks and financial institutions.
Autodeal Direct will give banks with very small trading rooms the ability to hook up to larger banks and take advantage of online FX trading.
It provides larger bank users with the ability to offer their clients currency crosses in real time, without the bank assuming any market risk.
Debbie Fuller
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