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The Corporate and Investment Banking Business unit of Sberbank has announced that it is launching a new electronic trading platform to facilitate transactions for a number of clients. The company will deploy the solution to primarily assist its institutional and with the possibility to expand it to high net worth customers that engage in electronic trading transactions.
Recently, Nordic focused bank Nordea Markets has deployed a similar solution for its client base aiming at the foreign exchange market. The platform that Sberbank is deploying is similarly focused for the time being, but the firm intends to expand functionalities across different asset ... (read more)