TFX revamps forex trading
A Tokyo-based spokesperson for TFX said turnover on Click 365 grew by 121% in the fiscal year 2007 over the previous year, up to 35.282 million contracts.
Designed and custom built by Hitachi, the new system will increase processing capacity on Click 365 by 12 times or more, the exchange said. The exchange is also adding Lehman Brothers, Bank of Tokyo Mitsubishi UFJ and Dresdner Kleinwort as market-makers on the new system, alongside existing market-makers Goldman Sachs, UBS and Deutsche Bank.
TFX
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