Currenex snares Caterpillar

Manufacturing firm Caterpillar Independent has started using the FXTrades platform provided by multi-bank FX portal Currenex to support its FX operations.

The signing of Caterpillar, which last year totalled more than $20 billion in sales of construction and mining equipment, is seen as a coup for Currenex, which stole a march on bank-owned portals FXall and Atriax by launching last year. Analysts said that having Caterpillar on board would attract both banks and corporates to the platform.

"Currenex is delighted that global industry leaders like Caterpillar continue to join our online currency exchange," said Bob Garzilli, executive vice-president

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here