Moorehead Expected To Head Atriax

FRONT PAGE NEWS

NEW YORK--Forex market veteran Dan Moorehead is expected to be named head of the Atriax internet FX trading project, which is allegedly backed by a multi-bank consortium allied with UK information provider Reuters.

The consortium is also expected soon to name some 10 to 20 banks that have signed up to trade FX over Atriax. The project’s existence is an open secret in the global banking business, despite lack of confirmation by the rumoured consortium members, say banking industry sources.

Currency

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