FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, August 2, 1991

Swift to Pilot Bilateral FX Netting System

Swift will begin a month of pilot testing in August of its "advisory" bilateral forex netting system that will operate as part of its seven-month-old Accord confirmation matching system. Accord currently has 88 bank and brokerage customers.

Globex Partners Consider Computer Upgrade

Executives at Globex are discussing the need to upgrade the proposed system's host computer before its launch and if this happens, the start up date for

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