OCL netting gets CLS-compliant
Back-office capacity and processing costs have remained a key issue for foreign exchange dealers, who are struggling to cope with surging ticket volumes of declining notional sizes from algorithmic traders and retail clients. To date, three solutions have come to market, including Traiana's NetLink Dealer and Client, the incumbent OCL pre-settlement netting solution and FXSettle.(FX Week, August 13, September 3, 2007 and March 31).
The latest initiative from OCL differs from its previous offering
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