In Brief: Merrill Joins Forex Trading Platform

December 14, 2000, 2:00 a.m. EST 1 Min Read

MENLO PARK, Calif. Merrill Lynch & Co. has joined Currenex, one of several multibank, Internet-based foreign exchange trading platforms started in the past year.

Currenex, which offers real-time trading and pricing over the Internet to registered traders and banks, already has signed up 25 banking companies, including Barclays Bank PLC and ABN Amro Holding NV, to offer their foreign exchange services on the platform.

It was opened in May to support trading for corporations and fund managers, and it counts MasterCard International and Intel Corp. among its corporate customers.

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