Author: Tessa Oakley
It’s finally official. Atriax, the long-awaited partnership between Citigroup, Chase Manhattan, Deutsche Bank and Reuters has launched. That the three banks would join forces has been an open secret since rival FXall was announced in May without these three banks, the top three in Euromoney’s annual foreign exchange survey. Each had been in the initial discussions for FXall in the six weeks before the launch, with Deutsche rumoured to be involved in even earlier exploratory talks which began about 18 months ago.
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