BNP Paribas is planning to selectively expand its white-labelling programme to give more regional banks and their clients access to its spot foreign exchange execution algorithms.
Earlier this month, BNP Paribas struck its first algo white label partnership with Lloyds, whereby corporate and financial institution clients of the UK bank can now use its three flagship FX algos – Chameleon, Iguana and Viper – which are designed for various execution needs.
Asif Razaq, global head of FX automated
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