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TECHNOLOGY NEWS

Mexico gets online FX

Regional Mexican bank Banco del Bajio has launched an online FX trading service called BBFX Cambios. The service uses Cognotec’s AutoDeal Lite ASP-based service, and has between 500 and 600 corporate clients. Jorge Iglesias, director of FX for Banco del Bajio, said the service will help them compete in the Mexican market which is dominated by dealing houses with a lighter regulatory burden than the banks.

"The way to stay ahead of the competition is to differentiate

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