New Legal Vehicle To Carry Quotron's F/X Trader, EBS
PROPRIETARY EXECUTION
Citicorp subsidiary Quotron Systems Inc. is forming a separate legal vehicle to carry all its foreign exchange products, including F/X Trader, FXNet, and the Electronic Broking Services (EBS) system currently under design, according to a source at Quotron. At the same time, the source indicates that Citicorp's support of F/X Trader has been instrumental in the limited success the conversational trading systems has enjoyed. The bank's support continues even as the system fails to show a profit
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