FX Deal Offers Forex Order Routing Service On Bloomberg Network

DEALING & NETTING

FX Deal, a recently formed subsidiary of Cognotec, has formed an alliance with Bloomberg to provide a foreign exchange order-routing service over the Bloomberg network.

The service is a development of the Cognotec AutoDealing system that is used to link banks directly with their clients.

"What we have done, with Bloomberg's help, is to take that development a stage further," says John Barratt, head of marketing for FX Deal.

He says that there will be no formal launch of the service, which is

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