Man Financial takes on TwoFour
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The broker will initially use the system to manage its global FX, money-markets, cash management, exchange-traded futures and options and over-the-counter options. TwoFour said planning discussions are already underway, and that it expects the system to go live by the end of the year. TwoFour and Man Financial also have plans to jointly develop functions to process interest-rate swaps and fixed-income instruments.
TwoFour provides front- to back-office straight-through-processing of trading
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