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FOREIGN EXCHANGE | Staff Reporter, Vietnam
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State Bank of Vietnam launches real-time FX trade monitoring system

Partners with Thomson Reuters.

SBV said the real-time trade monitoring and post-trade system will collect and extract information in the interbank foreign exchange market. The real-time system will leverage Thomson Reuters Dealing, an FX trading platform that enables traders to connect with one another, hold conversations about different FX products and prices, and conduct FX transactions.

SBV said the implementation of this system marks a positive shift towards automation in managing post-trade foreign exchange information. The ability to access accurate, real-time information will help modernize how SBV monitors FX transactions and increase transparency across the industry and will promote the long-term growth of interbank foreign exchange market.

Thomson Reuters Dealing is used by 18,000 trading professionals globally in more than 5,000 organizations across 120 countries The system also utilizes the Thomson Reuters Deal Tracker Service that provides firms with a centralized view of conversation data, deal tickets and third-party post-trade information.

 

 

 

 


 

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