Telerate, Minex Corp. Partners In Discussions; Forex System Joint Venture Is A Possibility

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Dow Jones & Co.'s Telerate Systems Inc. unit and Minex Corp., a Japanese joint venture to develop an order-matching system for the interbank foreign exchange market, are in high-level discussions. Telerate operates The Trading Service (TTS), a so-called conversational foreign exchange trading system.

The nature of the discussions couldn't be ascertained at press time. But while some sources say the talks are aimed at establishing some kind of joint venture, others say Telerate is looking to sell

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