Atriax Expected To Announce Connectivity Details This Week

TECHNOLOGY

LONDON -- FX trading portal Atriax is expected to announce details next week of the software banks will use to connect to the portal.

Some industry insiders have said they expect software company Cognotec, which has developed software to connect banks to rival portal FXall, to be involved in the deal. However, spokespeople at Atriax and Cognotec would not comment.

The connectivity issue is considered to be important because unless banks can automate a link-up between their own e-dealing systems

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