NatWest Global Financial Markets Plans Own FX Trading & Position Keeping Apps

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National Westminster Bank's NatWest Global Financial Markets (GFM) is in the initial phases of rolling out an internally developed foreign exchange trading and position keeping system to its spot and forward FX traders.

Details on the project were sketchy at press time, but sources told FXW's sister publication Dealing With Technology, (DWT, September 19) that NatWest decided to buck current IT trends and build its own FX trading system--which has yet to be named. This came about after

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