FXpress goes straight-through to FXall

FXpress goes straight-through to FXall

FXpress has completed a straight-through processing link between its Foreign Exchange Risk Management System and the FXall multi-bank dealing engine.

With the link in place, FXpress users will be able to trade on live, two-way pricing from FXall member banks and utilise a full range of deal execution functionality.

Mutual FXall/FXpress users include ChevronTexaco and US industrial outfit Textron.

Robert Hemstreet, director global treasury operations of Textron says: "By using the interface between FXall and FXpress, we will benefit from a much more efficient currency trading process."

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