Reuters Discontinues Deal Manager Through Year 2000 Non-compliance

AFTER THE TRADE

LONDON--Reuters has decided to discontinue its Deal Manager position-keeping system for foreign exchange and money markets, say industry sources.

In light of this apparent certainty, Standard Chartered--Reuters' largest and only London installation of Deal Manager--is evaluating other front office, position-keeping systems.

A Reuters spokesperson declines to comment on any policy Reuters may have on its Deal Manager product, except to say that "people should buy Kondor+"--Reuters' risk management

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