Atriax/FXall: How They Stack Up

SPECIAL REPORT: FOREIGN EXCHANGE IT

by Daniel Safarik

Atriax and FXall have a lot in common. After all, they’re both launching Internet-based foreign exchange portals that will provide execution, real-time prices, news and research.

In addition: They’re both consortium efforts.

• FXall is owned by 14 banks, including Bank of America, Credit Suisse First Boston, Goldman Sachs, HSBC, Morgan Stanley and UBS.

• Atriax is owned by Citibank, Deutsche Bank, JP Morgan Chase and Reuters.

 

They have both attracted the support and advice from

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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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