Reuters deal for Indian bank
NEWS
It plans to go live in the fourth quarter of this year. The move will help enable its dealers to service clients by focusing on rupee and bullion prices for the domestic Indian market, said a UBI spokesperson. RTFX currently has the support of 22 price makers and over 500 price takers around the world.
"By signing up to be a market maker on what is the world's largest distribution network, UBI strives to play a vital role in the FX market, as the rupee is poised to become convertible over the
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