Bloomberg and Reuters in, Centradia out

Centradia, formerly owned by Royal Bank of Scotland (RBS), SG, Banco Santander Central Hispano and San Paolo IMI, collapsed due to a lack of support from shareholder banks, according to market sources. Banks were asked for more investment, which they bluntly refused.

Centradia’s demise followed that of multi-bank platform Atriax three years ago.

The week after the news of Centradia’s demise broke, Bloomberg and Reuters announced the launch of forex transactional capabilities in an aggressive

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