German bank HVB has implemented a new automated FX pricing link to the Currenex corporate currency portal.
Currenex's FXtrades service has been integrated with HVB's automated pricing system using Cognotec's AutoDeal Lite pricing engine. The link offers Currenex clients 24-hour automated pricing from HVB.
Robert Millns, managing director, foreign exchange,HVB, says: "Providing the best level of service to our customers is a priority for us, so we are delighted to now offer access to our 24-hour automated pricing system on FXtrades."
More than 50 banks are already providing liquidity on the Currenex service and will begin offering automated pricing mechanisms shortly, says Currenex.