ETrade to launch US retail FX trading
The platform was built in-house over six months, as ETrade had much of the required infrastructure in place. ETrade owns its back-office structure, along with a Chicago-based market-maker that facilitates cross-border trades for US customers. The platform's website could also be built rapidly, as it uses open-source code and is based on ETrade's existing sites.
Investors are able to trade euro, sterling, yen, Hong Kong dollar and Canadian dollar on the platform.
ETrade is considering expanding its
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