Minex Signs Bankers Trust, Chase And Long-Term Credit
PROPRIETARY EXECUTION
The battle to face off against Reuters Dealing 2000-2 got hotter late last month when Bankers Trust Co., Chase Manhattan Bank and Long-Term Credit Bank of Japan (LTCB) bought shares in Minex Corp. Minex is the Japan-based consortium developing a foreign-exchange order-matching system to rival Reuters'.
The addition of the three banks raises the stakes in the battle to capture market share. Also, Chase and Bankers are among the largest players in the foreign exchange market and -- perhaps of
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