UOB Upgrades FX Trading System After Posting Strong 1992 Numbers
BANKS
The third largest of Singapore's big four banks, United Overseas Bank (UOB), is upgrading its technology after reporting improved foreign exchange results for 1992.
The bank, headed by veteran chairman and chief executive officer Wee Cho Yaw, spent more than $1 million in January to upgrade its FX trading room system to a digital platform.
The bank is now using British Telecom's Open Trading System local data distribution and workstation software for its foreign exchange traders. The system
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