Reuters, Northern Trust In Web Forex Deal
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The new service will be available to investment management firms around the world from the third quarter of this year.
Co-branded as a joint offering from the two firms, the service will operate on any TCP/IP network and will use the latest trading technology from Reuters.
"The rapid growth of cross-border investments has made foreign exchange trading an intrinsic component of the investment management process," said Patrick McDougal, executive vice-president and director of foreign exchange at Northern Trust
Northern Trust has offices in Toronto, Montreal, London, Hong Kong and Singapore.