LONDON â Lehman Brothers is expanding its e-commerce capabilities, as part of the continued expansion of the bank's forex business.
The bank has made a number of additions to FXLive, its proprietary trading platform, while bolstering its e-commerce sales team with two hires in London and New York.
New features on FXLive include smarter order types, a FIX interface, and portfolio-management and analytical tools.
The FIX interface enables clients to write their own models in Excel and trade them with the bank. Lehman is certified as FIX-compliant by the FIX committee, and is the only bank to have achieved this status.