Bank of New York launches B2B e-FX tool
NEWS
NEW YORK -- The Bank of New York last week launched an online FX trading service, aimed at funds transfer services, online goods retailers, and online securities trading companies.
The system, called iFX B2B, gives these firms real-time FX execution and access to pricing usually restricted to larger institutions, said Richard Estes, head of FX e-commerce at Bank of New York.
"iFX B2B offers firms like online brokers wholesale FX market pricing," said Estes. "Whether that pricing is presented 'as
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