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FXall signs three more to prime brokerage messaging hub

04 November 2003  |  6294 views  |  0 FXall signs three more to prime brokerage messaging hub

Barclays Capital, BNP Paribas and CSFB have signed up to FXall's shared messaging hub for notification of prime brokerage deals, bringing the total number of banks supporting the system to 10.

ABN Amro, Bank of America, Credit Agricole Indosuez, Dresdner Kleinwort Wasserstein, HSBC, Lehman Brothers and The Royal Bank of Scotland were in the first wave of banks that joined FXall's prime brokerage hub.

Marek Robertson, COO of global foreign exchange, Barclays Bank, says the bank is already an active user of FXall's Settlement Centre system: "It is a logical move for us to extend our participation in Settlement Centre to prime brokerage. We will now work closely with FXall to implement a new messaging standard."

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