FXall adds confirmation and settlement
TECHNOLOGY NEWS
NEW YORK -- Multi-bank foreign exchange trading portal FXall has added a standalone confirmation and settlement facility to its trading platform, which it says will automate the full deal process.
FXall Settlement Centre allows traders to match, confirm and net both electronic and voice-generated deals. It is designed to increase the speed and efficiency of the trading process while minimising the risk of post-trade errors.
Natural extension
"It is a natural extension to add matching and netting
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