RAIFFEISEN BANK INTERNATIONAL PARTNERS WITH AXETRADING AND INTEGRAL TO BOOST BOND TRADING
The collaboration has enabled RBI to provide faster and better pricing for their clients in local currency bonds while significantly reducing their request for quote (RFQ) response time and increasing their hit ratios. By combining the capabilities of the AxeTrader Quoting and Execution Management System (QEMS) and Integral’s BankFX pricing engine, RBI can significantly reduce their risk as a market-maker by automatically hedging the currency exposure of the bond trade and reduce hedging costs..
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