BNY Mellon launches new FX service

BNY Mellon has launched Universal FX, a new platform that helps clients manage and centralise their portfolio execution, regardless of the location of their custodian, prime broker or trade settlement bank. Targeted clients include investment managers, corporates, hedge funds and wealth managers.

Universal FX builds on BNY Mellon’s OneFX suite of solutions and banking capabilities for all FX trading, FX hedging and cross-border payment activities. OneFX connects the entire FX spectrum, ensuring clients have access to the latest features and functionalities from BNY Mellon.

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