Currency Hampers Reuters Revival

A deal with Barclays Wealth for 800 new positions of 3000 Xtra, Trader, Wealth Manager and Knowledge did not reverse an overall decline in accesses from 342,000 to 335,000—mainly from the Trader and Wealth Manager products. However, as a result of a four percent rise in 3000 Xtra users, average revenue per access grew by four percent during the period.

The Sales and Trading segment, which included 13 percent underlying revenue growth from 3000 Xtra, saw a four percent fall in revenues, although

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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