Telerate's Valenti Reveals Citi's Plans For FX Trader, Stake In EBS
PROPRIETARY EXECUTION
At a meeting with analysts following the release of Dow Jones & Co.'s third-quarter earnings, Dow Jones Telerate president Carl Valenti told those assembled that Citicorp's F/X Trader conversational foreign-exchange dealing system is for sale -- and that Citicorp's share in the Electronic Broking Service (EBS) partnership is likewise on the block.
According to sources at the meeting, Valenti made the remarks in answer to a question from the audience concerning Minex, the mostly Japanese-owned
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