Resona Bank, one of Japan's leading commercial banks, has selected
Reuters to implement and host Resona's foreign exchange dealing
internet portal. Resona Bank selected Reuters Electronic Trading
for Automated Dealing (RET-AD) and will use it to serve its
corporate customers throughout Japan. Resona Bank's foreign
exchange (FX) trading portal takes advantage of Reuters new, hosted
automated dealing offering.
The new system, which will be live in April, will allow
Resona Bank's corporate customers to access and trade on real-time,
executable foreign exchange prices by accessing Resona Bank's
website from any standard internet browser. This will help Resona
Bank's customers reduce time and simplify trading foreign exchange
from manual deals conducted via telephone. Resona Bank will be the
first bank in Japan to install Reuters new automated dealing
system.