Scotia Capital Launches Web-Based Foreign Exchange Trading Service

TRANSACTION SYSTEMS

TORONTO--Scotia Capital, the investment banking arm of Scotiabank Group, is using Cognotec’s Autodeal Lite product at the core of the Internet-based FX trading service that it launched last week.

"We used the Autodeal Lite solution as the core," says Tim Kastelic, vice president of marketing at Scotia Capital in Toronto. "But our own IT department carried out extensive modifications to meet our exact requirements.

"We have our own proprietary trade volume goals, but we are expecting to see

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