Stop Press: Reuters Sets Dealing 2000-2 Startup
PROPRIETARY EXECUTION
Reuters Holdings PLC, as predicted by TST sister publication FX Week, named April 29 as the launch date for its Dealing 2000-2 order-matching system for the foreign exchange market (FX Week, April 17). "Around 20 major banks in London and New York," will participate in the startup, according to Reuters.
The launch announcement follows years of delays; it also follows successful beta-tests in January (TST, Feb. 10). April 29, a Wednesday, is the day before Reuters' annual general meeting.
Initially
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