Most foreign exchange banks have developed proprietary systems for their customers to trade FX online. Some banks have developed their systems entirely in-house, whereas others have made use of external technology such as AVT and Cognotec.

Most systems provide automated prices that are tradable up to a certain limit, dependent on currency or currency pair. Limits vary from bank to bank, but are typically between USD 2 million and USD 10 million for major spot currency pairs. Limits are typically much higher for swaps, particularly for short dates.

Click on the following links for further information on banks' prioprietary systems, and in some cases demonstrations and screenshots:

ABN Amro
AIB Group
ANZ Bank
Bank of New York
Barclays Capital
Brown Brothers Harriman
Citibank (1) Citibank (2)
Crédit Suisse First Boston
Danske Bank
Deutsche Bank
DG Bank
Dresdner Kleinwort Wasserstein
FleetBoston Financial
Goldman Sachs
Lehman Brothers
National Australia Bank
Northern Trust
Royal Bank of Canada
Royal Bank of Scotland
Scotia Capital
SEB
Société Générale
Standard Bank of South Africa
Standard Chartered Bank
State Street
TD Securities
Westpac

London FX has been instrumental in the development of some of the above systems.