When time means money, corporate treasurers are increasingly looking for ways to improve processes, including making foreign exchange transactions more efficient and user-friendly. Standard Chartered's Online Trading platform allows customers to book rates, place forward orders and execute transactions without picking up the phone to a dealer. It streamlines the process using the technology of the internet.
Many of the capabilities that internet trading of foreign currencies promised to deliver, are now a reality. The worldwide web has brought optionality, customization and execution information to forex trading, making it more accurate, less risky and less reliant on traditional forms of communication such as the telephone. Customers using online trading can price...
