State Street pilots open account trading system

State Street''s new electronic trade management system takes open account trading online.

The old world of letters of credit has disappeared, says Alan Rosen, New Balance Athletic Shoe vice president and group controller. New Balance, a large importer of shoes from Asia, has beenĀ usingĀ State Street Corporation's new web based open account trade management system, i2eX.

i2eX is a global electronic platform for trade management. Traders can log on, create electronic purchase orders and shipping documents, receive online approval and shipment acceptance, and gain access to pre-export and...

To continue reading, please login or register for free

Click for more on: state | street | pilots | open | account | trading | system

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...