Internet Not Safe For Big Bank Trading Says Global Link Head
NEWS
BOSTON, MASS -- The internet is still not a safe place for large banks to trade currency, says Simon Wilson-Taylor, head of Global Link, the e-commerce platform that hosts the FXConnect multi-bank currency trading service.
US bank State Street launched FXConnect on the public internet in early January. Wilson-Taylor said the move is expected to bring FXConnect about 1,200 more clients by the year-end.
But he does not expect its current client base of about 270 large money managers to start
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