NatWest London Automates Forex And Money Orders With Passbook

MANAGEMENT & OPERATIONS

NATWEST Markets in London has gone live with a new order management and routing service that allows financial institutions to track and execute customers limit orders from around the world in real time.

The bank is using its new order routing system at its London foreign exchange and money markets operation. The system, dubbed Passbook, was developed by NatWest together with Dow Jones Markets.

Passbook enables traders to collate limit orders globally, says Dave White, head of forex spot tradin

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