Advanced Markets chooses Cognotec's retail FX solution

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The broker is the first to use the platform, which was developed by the Dublin-based technology vendor for dealers looking to target retail investors. According to London-based client strategy firm, ClientKnowledge, the retail FX market is worth $50 billion a day and has been an area of increasing focus by wholesale banks.

So far, Deutsche Bank and ABN Amro are the only two banks to have launched margin-trading platforms. However, Barclays Capital and UBS are also at varying stages of

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