FXall.com Leads Drive To Multi Bank Web Based Forex Trading
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NEW YORK--FXall.com, the first bank-driven consortium offering one-stop FX trading on the internet was announced last week, heralding a new era in e-FX.
Seven leading forex banks -- Bank of America, Credit Suisse First Boston, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley Dean Witter and UBS Warburg -- will offer client trading on the site, which the banks say will go live this winter.
Paul Kimball, chairman of FXall.com and co-head of FX at Morgan Stanley Dean Witter, says the alliance hopes
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