Three Indian State-Owned Firms Tap Bloomberg’s FXGO Trading Platform

[kreslik.news]

Bloomberg, the global business and financial information provider, today announced that three Indian state-owned companies have selected its FX trading platform (FXGO) to manage global currency risks.

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Gas Authority of India Ltd (GAIL), Rural Electrification Corporation Limited (REC) and ONGC Videsh Ltd (OVL) are among a growing number of corporations using FXGO to find transparent pricing, execute currency trades and hedge foreign exchange risk.

FXGO system is fully integrated with Bloomberg’s data, news, analytics and communications tools. The commission-free trading platform is part of the Bloomberg Professional service, which ... (read more)