Royal Bank of Canada’s corporate and investment banking wing RBC Capital Markets is building a new electronic trading platform, FX Week reports. RBC DX will provide clients with a single access point for their foreign exchange, fixed-income, money markets and deposits transaction.
RBC DX will consist of a new application programming interface that will link corporate clients with treasury management systems and institutional clients with order management systems. The bank, which may launch RBC DX by the end of 2011, is also looking to introduce options trading and research in the near future.
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