KANSAS CITY, Mo. - Commerce Bank has teamed up with Bloomberg LLP to offer online foreign exchange trading to its commercial customers.
Bloomberg's platform supports swap, forward, and spot transactions. Customers of $11.1 billion-asset Commerce Bank will be able to research and track exchange rates through the system, which consolidates 31 banks' foreign exchange information. Customers can also use the platform to communicate with a foreign exchange specialist from Commerce for more information.