FXall offers multi-currency management
NEW YORK - FXall is today (February 9) launching a cross-currency netting (CCN) feature for its foreign exchange platform that will enable users to control their multi-currency exposure.
FXall said beta testing has taken place with a number of clients that have now gone live with the system. Customers already using CCN include asset managers, corporates and some banks. FXall declined to provide names of clients.
CCN will enable potential currency risks in a portfolio to be identified and then
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