FX Development Rolls Out Aws For Forex; Six Money Center Banks Are Early Adopters

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FX Development, a research and development partnership with global treasury executives and chief traders of seven money center banks, has produced an integrated network-based system for foreign exchange trading and risk management.

Known as AWS -- advanced dealing workstation -- the proprietary development project lends substance to the now-familiar lament of trading system suppliers: "Our toughest competitors are our own customers."

So far, FX Development customers include Chemical Bank, Credit

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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