FXCM chooses NetLink for ticket netting
The New York-based retail foreign exchange trading company is using the system to consolidate FX tickets traded on its platform before processing in the dealer banks' back offices. The system was tested for two months before being rolled out in the past few weeks, Traiana officials said.
FXCM is using the NetLink in the US and Japan, where there has been explosive growth in traded volume, said Drew Niv, chief executive at FXCM in New York. An average of 4 million tickets and $350 billion in
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