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Payments General

Philippines Union Bank chooses Refinitiv for electronic trading

Friday 19 July 2019 | 10:42 AM CET

Union Bank of the Philippines has adopted Refinitiv’s Electronic Trading (ET) solution to power its business in the Philippines.

The banks also aims to strengthen its presence in both the local and international foreign exchange markets.

Accessible via FXT, the single source of access to preferred FX trading venues, ET offers a suite of ecommerce products to configure and automate FX prices to customers while streamlining risk management.

In the Southeast Asian region, electronic trading has gained ground since banks require flexible trading platforms and tools that provide control over electronic pricing, distribution and hedging.

More: Link
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