Why review your FX transaction mark-ups!?

 Why review your FX transaction mark-ups!? Look at this from the October 22 New York Times:

"California’s attorney general, Jerry Brown, said Tuesday that he was suing State Street, the large Boston-based bank....Mr. Brown said that State Street overcharged the pension funds by adding a secret and substantial mark-up to the price of interbank foreign currency trades, totaling $56.6 million over eight years. The interbank rate is the price at which major banks buy and sell foreign currency." The entire article may be viewed at: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/20/BU9G1A87H2.DTL

With the LES suite of reports, analysis and continued trade monitoring — you will have a complete picture of FX mark-up costs, and there will be no doubt about the FX mark-ups you are paying from any FX supplier.

Let's make an appointment to talk about your situation - or to view the LES Demo, soon.