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Banque Pictet & Cie SA selects kACE Treasury for Electronic FX Forward Price Distribution


Banque Pictet & Cie SA selects kACE Treasury for Electronic FX Forward Price Distribution
LONDON, Jan. 12, 2021 /PRNewswire/ kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (NASDAQ: BGCP) ( BGC Partners, BGC or the Company ) group of companies, announced today that Banque Pictet & Cie SA in Geneva has onboarded its kACE Treasury system to enable the bank to price and distribute FX Forward prices to external e-commerce platforms.
Banque Pictet & Cie SA complements its existing trading technology portfolio by deploying kACE Treasury as an integrated solution for pricing and publishing FX Forwards, enabling its traders to gain access to pricing and arbitrage information for FX Forwards whilst interfacing with SmartTrade, a cloud based dealing system, to accept Requests for Quotes and electronically distribute FX Forward Swap pricing. ....

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