Stefan Hamberger, Head of eFIC Sales at C&M, commented on the new platform: "Over the last year we've seen a doubling of users wanting to trade with us online. This demonstrated the focus which clients are now placing on electronic trading, and through an open dialogue we've been able to understand what is important to them in a platform. By continuing to provide a robust and reliable service along with the ability to adapt, we aim to be our clients' etrading partner of choice for the future."

Along with offering a revitalised user experience to its clients, Commander has a number of new features: a new FX structuring platform, Kristall; an expanded product range; and improved userability, with multimedia support, real time event news, tutorials, opinions and research.

Enrico Ferrante, Head of FX Structuring, described Kristall as: "The first FX structured products platform of its kind - based on cooperation and price transparency". The Kristall platform offers financial institutions the ability to establish or expand their own FX structured products capability with no set-up costs; every tool to price and book a product is included in the service. Kristall partners will also be able to share product pricing with their own colleagues or with Commerzbank experts, allowing for a pooling of knowledge and skills to better achieve their own clients' goals.

In addition Commander's new features include:

• An expanded product range - Commander will stream NDFs and clients can trade gold.

• Positions blotter - Providing clients, particularly those in the emerging markets, with a highly customisable position-keeping tool to monitor and control profit & loss in real time - both team and individual views are available, providing traders with very detailed risk analysis reports.

• Real-time charting tools - Giving greater functionality to clients, with access to a comprehensive historicalcal and real-time overview for a full market picture.

Paul Scott, Head of eFX Trading at C&M added: "This is just phase one for the Commander platform. Technological investment is increasingly important in the eFX world, and we will continue to develop our platform by remaining in tune with our clients. Recent figures from the Bank of England highlighted that over the last year FX volumes traded have increased by 17%, while at C&M we've seen a substantial upswing in users trading on our eFX platform. We believe this is an indicator of the growing role ecommerce plays in the market."

Commerzbank C&M has a long history in creating and developing proprietary systems, which was given further focus by the expertise and platforms gained through the acquisition of Dresdner Kleinwort in 2009.

Exisiting Click&Trade FX clients will begin to move over to Commander in March.