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National Australia Bank (NAB), has announced further enhancement of their electronic FX Dealing service. FX Dealing, which has been developed jointly by NAB and Cognotec, sources real time FX pricing facilities from NAB's dealing room, allowing business and corporate clients efficient execution capability. FX Dealing now allows clients to transact Spot, Forwards, Forwards with an optional delivery period, Forward Swaps with expanded capability for completing Historical Extensions and Historical

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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