Forex industry boosts operational efficiency with 95% ticket-compression rate
The companies announced last Thursday (December 2), that all founding member banks have gone live on the system since it was launched in January (FX Week, February 1). Deutsche Bank was the last onto the system and joins founding members Bank of America Merrill Lynch, Credit Suisse, Citi, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley and Royal Bank of Scotland.
It is believed a further four banks, including Barclays Capital, are due to join the services as participating members next
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