Commercial showdown at Heathrow Airport over deliverable FX firms

Moneycorp has terminated its contract with Heathrow Airport, leaving Travelex as the sole provider of deliverable FX in the world’s busiest airport. The firm initially cited inability to honor the financial terms of the contract, but subsequently recinding the statement

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UK’s MoneyCorp deploys FX options system by FENICS

FENICS, a leading provider of FX options software, announced today that TTT MoneyCorp Ltd “MoneyCorp”, the UK’s leading independent foreign currency exchange, has licensed FENICS ProfessionalTM, a FX derivatives pricing and risk management system

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