Reuters adds forint to e-matching
TECHNOLOGY NEWS
BUDAPEST -- Reuters last week added Hungarian forint (HUF) crosses to its spot matching service in response to the deregulation of the currency on June 14.
Mark Kiley, business manager of matching at Reuters Money Transaction Solutions, told FX Week the addition of e/HUF and $/HUF was also prompted by customer demand, as local and international banks prepared to take advantage of e-dealing the newly tradable currency.
Kiley said trading in the new crosses since last Monday has been "spectacular,"
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