Currenex and IFS Partner to Deliver Automated Collateralised Foreign Exchange Trading

Under the terms of the agreement, an Application Program Interface between Currenex’s Internet service, FXtrades and IFS’s MarginMan-GATE application will be built, allowing financial institutions to conduct automated collateralised Foreign Exchange trading on the Currenex exchange. Currenex members include MasterCard International, Royal Dutch/Shell Group and Intel Corporation as well as 35 global, market-making banks.

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