India’s Yes Bank expands e-FX strategy
The private-sector bank began offering prices across 40 branches to clients using the Reuters 3000 Xtra terminal on June 15. It is also in the process of piloting a new single-bank platform using the Reuters Electronic Trading Automated Dealing System, which began a month ago.
Ajay Mahajan, group president of financial markets, institutions and investment management at Yes Bank in Mumbai, told FX Week the investment in e-FX technology is being made in preparation for rising electronic
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