Quick on the uptake
Online trading capability is swiftly becoming a ‘must have’ for banks in Australia, as more and more of their clients demand straight-through processing capabilities. Clive Davidson reports
When Icor Brokerage, the electronic platform for foreign exchange options, went live at the beginning of this year it chose the Asia-Pacific region, with a particular eye on Australia, to introduce the system.
“Australia is a smaller but important market, with a consistent and lively level of broking activity, but one that was under-serviced relative to other markets,” says Neil Chriss, co
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