FXall, FXpress Announce STP Link
FXall, the online portal for global foreign exchange trading and FXpress Corporation, a leader in foreign exchange risk management solutions, have announced the integration of the FXall dealing engine and the FXpress Foreign Exchange Risk Management System. The straight through processing link is based on a protocol being jointly developed by FXpress and FXall. FXpress users will be able to trade on live, two-way pricing from FXall member banks and utilize a full range of deal execution functionality. This seamless systems integration facilitates full pre- and post-trade straight through processing, from deal generation to execution and settlement, the two firms said.