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Stock impact report

Valley National Bank Chooses DerivativeEDGE® to Enhance its Foreign Exchange Business

Valley National Bancorp (VLY) 
Last valley national bancorp earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: valleynationalbank.com
Company Research Source: GlobeNewswire
SAN FRANCISCO and NEW YORK, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Valley National Bank (Valley), a subsidiary of Valley National Bancorp (Nasdaq: VLY) has selected DerivativeEDGE, as its service provider for all of its Foreign Exchange activity.  Having partnered last year with Derivative Path, Inc. to enhance and streamline its interest rate derivatives hedging program, Valley, with $33 billion in assets, will leverage the end-to-end capabilities of DerivativeEDGE FX for pre-trade client and documentation setup, order/execution management, and post-trade activities including regulatory reporting, internal risk valuations, and global payments. Christopher Philips, First Vice President, Structured Products at Valley, stated, “having leveraged DerivativeEDGE for over a year to assist with managing our interest rate derivatives business, we recognized Deri Show less Read more
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