INTL FCStone Implements TwoFour's FX Solution

INTL FCStone has gone live with TwoFour's foreign exchange (FX) and limit monitoring software.

INTL FCStone will use the platform for FX, over the counter (OTC) and precious metals trade capture, along with positions and profit and loss monitoring. Reuters Trade Notification Service is included within the package, as well as functionality for pre-trade credit checks and post-trade compliance. The package is being rolled out to the company's London office, as its New York and Chicago presences are already users of TwoFour's software.

"With this implementation, our traders will have access to information in real-time and be able to make more effective trading decisions," says Alex MacKinnon, head of FX Primes Services at INTL FCStone (Europe). "TwoFour's edge is providing client-focused, technically advanced, work-flow based solutions specifically designed to meet not only immediate challenges, but to support longer-term strategic objectives. We have reaped multiple benefits to our business with our use of TwoFour over the years and it's reassuring to know that we can trust in its extensive capabilities as we continue to grow our business."