The Future Is Multi-Bank, Says Logica

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2001 will be an interesting year for the buy-side in the foreign exchange industry.

After complaining of invisible pricing and widening spreads since the introduction of the euro, FX users will finally get what many of them see as the holy grail in FX execution: multi-bank price request systems with guaranteed liquidity. Atriax and FXall, with the backing of the world's biggest FX banks behind them, can both make such a claim -- and both are set to launch in the first half of next year.

But will

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