London-based Standard Chartered has selected Cognotec to provide online foreign exchange dealing and interfaces to the FXall currency trading network.
FXall Connect is an optional portal connection module available as an add-on to the Cognotec AutoDeal Lite service. These modules form part of a complete toolkit to enable banks to connect to proprietary or multi-member execution platforms for foreign exchange trading.
The bank has already adopted the Atriax Connect system to facilitate connectivity to the rival Atriax trading platform. It is also a member of the Cognotec Liquidity Linq network and the FXall board of directors.
Macer Gifford, head of e-commerce, global markets, at Standard Chartered, says: “We are keen to be where our customers want us to be and we are committed to making our products available via as many distribution channels as possible."