Sydbank opts for Siena tools

COPENHAGEN - Sydbank is replacing technology from Cognotec with Eurobase's Siena Rate Manager and Siena eTrader, as it prepares to launch a new version of its single-bank electronic foreign exchange trading platform by 2010.

The bank is re-branding the platform to showcase enhanced straight-through processing and order types, such as limit orders. Siena eTrader, a browser-based FX and money-market products order management and electronic trading execution platform, will initially cover FX spot

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