Morgan Stanley’s (MS) new multi-manager foreign exchange platform FX Gateway will compete with Deutsche Bank and Citibank platforms, FX Week reports. The new platform was launched on Monday and will go head-to-head with Deutsche Bank’s DB Select platform introduced in 2004 and Citi’s CitiFX Access launched in September this year.

FX Gateway is already linked to two managers, C-View and the Cambridge Strategy. It aims to provide institutional investors direct access to up to 20 currency managers via its Matrix portal.

Click here for the story from FX Week.