Currenex takes algo plunge

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The FX trading platform is currently in beta testing with two large US-based hedge funds, and will be available from June 1. It will offer customers a range of standard algorithmic models and enable traders to write their own models using the Visual Basic computer language.

Cliff Lewis, chief executive officer and chairman of Currenex in New York, said: "We expect traders to use this secure platform to execute their own proprietary algorithmic models as well as the platform's built-in models

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