Investec banks on Front Arena for global FX trading

Investec banks on Front Arena for global FX trading

South African banking group Investec is to roll out Front Capital Systems' Arena solution across the bank's global foreign exchange trading operations.

Investec will implement the Front Arena product across its Johannesburg, London, New York, Dublin, and Singapore operations, providing a single platform which will handle all FX, equity, fixed income and interest rate derivatives trading.

Derek Flanagan, sales executive at Front Capital Systems, comments: "This is the first worldwide implementation of Front Arena for foreign exchange trading."

The contract follows an earlier project in May 2000 where Investec installed Front Arena to support the company's equity derivatives and fixed-income trading.

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