FX Development Rolls Out Aws For Forex; Six Money Center Banks Are Early Adopters
THIS WEEK'S LEAD STORIES
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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