Fxall's Prime Brokerage Initiative Gathers Momentum
Barclays Capital, BNP Paribas and CSFB have joined FXall’s solution for prime brokerage messaging. A total of ten banks now support FXall for prime brokerage. ‘We expect to be an early adopter of FXall’s prime brokerage offering and are looking forward to streamlining give-ups in the same way we have already streamlined trading with our providers,’ said Ken Jones, Foreign Exchange Trader at Money Management Group, Manager of the CRG Funds. ‘The automation of give-ups will simplify our middle office processes and reduce errors,’ he added.