Deutsche Bank To Sign Global Deal For Reuters Trading Room Products
THIS WEEK'S LEAD STORIES
Deutsche Bank is set to sign a wide-ranging trading room systems purchase agreement with Reuters Holdings PLC. Under the agreement, the West German bank will have the option of buying Reuters equipment at discount prices for installation at its dealing rooms worldwide.
The deal, valued at between $30 million and $40 million, will be a boost to Reuters' trading room systems operation, whose credibility was dented by the rejection of its TRIARCH 2000 data distribution system by National
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