Investors Bank & Trust Uses Cognotec To Launch Internet FX Trading Service

TECHNOLOGY NEWS

BOSTON--US bank Investors Bank & Trust will launch an internet currency dealing service using software from automated trading solutions provider Cognotec. The service, called InvestorsFX, will provide online FX dealing to its 200 institutional clients worldwide, allowing clients to execute trades for FX spot, forward and swap contracts via the internet 24 hours a day.

InvestorsFX uses Cognotec's AutoDeal Lite product, which is sold as a "white-label" product. Buyers use the off-the shelf product

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