Standard Chartered Bank has rolled out its first, FIX-based API. The bank will use it initially to provide streaming liquidity in majors to clients through 360T’s TEX multi-bank platform, as well as a broader range of currencies on its own proprietary Straight2Bank Stream portal.
According to Tom Roche, StanChart’s global head of e-commerce and retail products group, the move is a key stage in the bank’s plan to beef up its electronic trading offering. “We want to continue being the market leader in emerging market currencies and we want our electronic offering to reflect our franchise.
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