Nordea triples its autoquote limits
NEWS
The bank has raised the autoquote limit on major currencies from $27 million to $65 million. "It is a very big increase in both absolute and percentage terms for us," Kenneth Steengaard, head of Nordea's proprietary portal e-Markets told FX Week.
Steengaard said the picture for emerging-market currencies is a little mixed, depending on the maturity of the markets. However, for the vast majority of emerging market currencies, the autoquote limit has been raised to $17 million.
Nordea has also
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