State Street Electronic FX System Exceeds Single-Day Trading Of $99 Billion

State Street Corporation's FX Connect electronic foreign exchange trading system topped $99 billion in a single trading day, the company announced Friday. State Street says the system is continuing to grow in popularity as the recent benchmark is more than

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State Street Corporation’s FX Connect electronic foreign exchange trading system topped $99 billion in a single trading day, the company announced Friday.

State Street says the system is continuing to grow in popularity as the recent benchmark is more than double the record set in July 2005, when it surpassed $40 billion in daily trading volume.

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