Saxo Bank expands FX
TECHNOLOGY NEWS
The new system, B2B Fix, uses a Fix liquidity server that can now handle spot trading on streaming quotes, order placement and RFQ. Previously, only trading and confirmations were possible.
Eric Frydenlund Michelsen, vice-chief executive at Saxo Bank told FX Week that this will be expanded to include multiple products such as futures and contracts for differences in due course.
Saxo has already gone live with five customers, including German trading portal 360T.
The Danish firm is providing B2B
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