NEW DELHI: In a bid to mitigate forex risk for large corporates, ICICI Bank has developed a customised online trading platform that would enable companies to cover their market risk in different currencies and assist in taking financial decision.
“ICICI Bank E-Dealz through the full-fledged customised system, can now book the forex deals in less than 5 minutes, something that took a day earlier,” ICICI Bank Head Global Markets Group, Ms Shilpa Kumar said.
The system has the capability of booking the trades from centralised or decentralised client location, she said, adding it provides the real time deal log with complete deal history and captures the efficiencies of straight through processing .... READ MORE ...
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