Investec extends Front system to FX

The South African asset management, investment and private banking group has has already implemented Front for its equity derivative and fixed-income trading.Front Arena will now be rolled out to foreign exchange hubs in Johannesburg, London, New York, Dublin and Singapore. The system, due to go live by the end of the year, has been custom developed by Front to suit its South African clients' needs.

"We have worked closely with Front Capital Systems for the past two years, and our decision to install Front Arena for all of our FX trading activity was seen as a natural progression of our global trading strategy," said Investec global head of FX trading Patrick Devilliers.

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