FXall has signed another five banks - including Commerzbank, Fifth Third and SG Corporate and Investment Banking - to its online foreign exchange portal, bringing its total number of liquidity providers on the network to 57.
BMO Nesbitt Burns, Harris Nesbitt and the New York branch of Grupo Santander have also joined the FXall platform. The network now totals more than 700 buy-side clients and 57 banks.
FXall says activity on the platform has continued to grow at a rapid pace in 2004, with August volume up more than 100% compared to a year ago.