Dealing 3000 Failure Halts Trading
FX TRADING TECHNOLOGIES
LONDON-Reuters suffered a temporary systems failure in its currency matching system, the Reuters Dealing 3000 Matching Host, which caused a disruption in foreign exchange (FX) trading during Asian hours last Friday, Sept. 8, confirm Reuters officials and industry traders.
The outage serves as a firm reminder of the competitive landscape for interbank business with rival broker EBS picking up volume, say FX traders.
The systems outage took place between 1:20 a.m. GMT (2:20 a.m. U.K. time and 9:20
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