FX Connect hikes prices pre-upgrade

The State Street-owned platform, which targets the fund management community, has increased the monthly fee for servers from $2,500 to $3,000, and the brokerage fee has gone up from $6–10 per million to $10–15 per million. The increase was effective from July 1. Banks who have signed up with the portal since last September have been pricing at the higher rates. Buy-side users will still not be charged for using the platform.

Simon Wilson-Taylor, head of Global Link, the company that runs the

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