Currenex extends post-trade FX settlement and allocation

TECHNOLOGY NEWS

MENLO PARK, CA -- Multi-bank FX trading portal Currenex has added new features to its FXtrades service, improving the efficiency of its allocation and settlement processes and minimising post-trade errors, Lori Mirek, president and chief executive officer, told FX Week.

The additions went live last month and apply to Currenex’s recently launched loans and deposits platforms (FX Week, July 15) as well as the FX service.

The new facilities allow users to automate the approval of standard

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