Bloomberg Launches FXdeal, Targeting Institutions; System To Be Run By Cognotec


BLOOMBERG has launched a foreign exchange trading service through its terminals. The service is designed to give institutional investors and corporate treasuries trading access to executable market quotes, offered by a range of international banks. The value-added service--offered to Bloomberg customers at no extra charge--enables traders to buy and sell currencies through their terminals, with no telephone or paper transactions at the front end.

The service is called FXdeal, and is the resul

To continue reading...