Banks pin hope on platforms…


Despite what some people say, I think there’s room for both single-dealer platforms and multi-dealer platforms (as well as other venues) in a Dodd Frank, SEF- compliant world.

Apparently Citigroup and UBS do too. In today’s Financial News article Banks pin hope on platforms, David Field, an e-Commerce expert at Rule Financial is quoted in the article as saying:

The race now for banks is launch or enhance their single dealer platform and get as many customers onto it as possible to retain the relationship; the challenge is giving customers a reason to do so.

Read on for more information:

http://www.efinancialnews.com/story/2011-11-28/ubs-citigroup-electronic-trading-platforms?mod=sectionheadlines-PE-TT

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