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Banking

Best site for forex cash trading

Best site for forex cash trading
Chase Manhattan

The online forex cash markets are already well developed. Many banks have live proprietary platforms for trading spot, forwards and swaps in any currency that the bank deals over the phone, and almost all of these function in the same way, offering the market what it wants – fast and liquid trading.

Chase Manhattan's ChaseFX system wins the award for best site for forex cash trading because it has extra features that makes it stand out from the rest. Says Bob Flicker, managing director at Chase Manhattan: “When we asked what we meant by ‘e-perspective’, we realized that we didn't want ChaseFX to be just a dealing system. We wanted to provide clients with all of the tools that they need to deal online, which includes pre-trade [products on the] website, trade with ChaseFX, and post-trade with ChaseNetmatch. Our platform provides clients the opportunity to trade with Chase any way they want, whether it be by phone, fax or electronically.”

Though ChaseFX was conceived as a platform for smaller deals only, there is no upper limit on the size of trade that can be done per ticket on ChaseFX.

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