State Bank of Vietnam Taps Telerate To Supply Interbank FX Dealing System
DEALING ROOM SYSTEMS
The State Bank of Vietnam has given Dow Jones Telerate approval to supply the electronic dealing system that will be used by the country's banks for interbank foreign exchange dealing. The country's central bank also plans to use Telerate's system for primary debt auctions.
Banks in Vietnam will initially use the system to negotiate and execute all domestic spot foreign exchange transactions The system supports both fixed-format and free-text conversations. Dealers can conduct up to six fixed
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