Refco To Go Live On Cognotec Autodeal LITE
Refco Capital Markets (a division of Refco Group LLC), has adopted Cognotec’s AutoDeal LITE FX dealing service for all its foreign exchange dealing entities. Refco is active in the areas of prime brokerage, fixed income equities, both exchange traded and OTC derivatives, and foreign exchange. Refco Capital Markets – which encompasses both the foreign exchange and capital markets divisions of the group – will go live with the service in June and will be using the AutoDeal LITE at its offices in London, New York, Chicago, Singapore and Vienna. The AutoDeal LITE service will enable Refco Capital Markets to deliver its ‘Refco FX Online’ web-based dealing service to its global client base of securities houses, introducing brokers, money managers, high net worth individuals and CTAs. It will also service Refco’s retail customer base.