Bear Stearns joins Forexster to offer clients more choice

Bear Stearns is linking up with another online foreign exchange marketplace, Forexster.com, giving clients a choice against its existing supplier, Hotspot FXI.

The bank believes there is the potential for major impact in the FX industry if liquidity finds its way onto these exchanges and Ross Taylor, senior managing director and head of foreign exchange sales at Bear Stearns, said having both suppliers will keep its options open.

'This is an evolution in the industry and we have had Hotspot

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