Nexaweb Melds FX Pricing, Trading

 

Burlington, Mass.-based Nexaweb Technologies, a provider of Web-based business applications, has released a trading and price discovery platform for foreign exchange markets, with pre-configured data connectivity, aimed at banks seeking to deploy a Web-based platform for smaller corporate clients.

Nexaweb launched FX Accelerator last month, following a production rollout in February by an unnamed European bank. The FX Accelerator includes pre-configured treasury “portlets” to capture streaming