Banco del Bajio First Mexican Bank to Offer Online FX Trading
Banco del Bajio, a regional bank based in Leon, Guanajuato, Mexico, has become the first in Mexico to offer online foreign exchange trading to its corporate client base. The bank’s new service, called BBFX Cambios, forms part of its web-based range of services, which are used by between 500 and 600 clients. Online FX dealing, which recently went live, is powered by Cognotec’s AutoDeal LITE ASP-based foreign exchange and money market dealing service. The ASP structure enabled BBFX Cambios to go live less than three months after contracts were signed.