Minex Goes Live On Time: Low Volume, Some Glitches

PROPRIETARY EXECUTION

    • WatersTechnology Staff
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Minex Corp., the consortium of international firms headquartered in Tokyo, went live with its electronic foreign exchange brokerage system at all three major trading centers last Monday. But the launch was more of a fizzle than a firecracker, particularly in the U.S. and London, according to a survey of traders at Minex shareholder banks conducted by TST sibling publication FX Week. The traders surveyed say that low liquidity and line problems have plagued the system.

Minex was originally pegged

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