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| Illustration: Andrew Archer |
In 2002, one of the first multi-bank trading platforms in the foreign exchange market went bust. Despite being backed by FX powerhouses including Citi, Deutsche Bank and JPMorgan Chase, Atriax had run out of money and ceased trading after little more than two years, leaving the path wide open for rival FXall to capture the young multi-bank trading business.
For several months after its demise, it was David Hudson’s job to sell the platform’s equipment and assist in the shut-down of its London operations.
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