FX Markets

Canada's Toronto Dominion goes live with Digitec D-3 pricing engine

The Canadian bank will go live with the system before the end of May. Implementation began with a trial installation of the system in December 2007.

D-3 will enable integration of trading rooms in different locations and will provide various interfaces with automated streaming rates, the bank said. It declined to detail what system it was using before.

D-3 enables users to calculate FX forwards and money market rates, and to feed their global e-commerce systems on a 24-hour real-time basis. TD

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