Multi-bank foreign exchange portal FXall is to use the Radianz IP-based extranet to connect with financial professionals worldwide.
The contract represents another advance for Radianz in the foreign exchange markets. The Reuters/Equant subsidiary also provides connectivity to FXall rival Atriax and GFInet
"FXall chose RadianzNet as it already connects the major participants in the foreign exchange market," explains Phil Weisberg, chief executive of FXall.
FXall is an electronic trading platform offering corporates foreign currency trade execution, access to research and straight through processing. It was launched as a fully automated portal on 10 May.