Reuters Announces January Beta For Dealing 2000-2 System
PROPRIETARY EXECUTION
Reuters Holdings PLC will begin beta testing its Dealing 2000-2 foreign exchange order-matching system at 30 major banks in New York and London in January. The announcement follows the emergence this year of two serious rivals bent on snatching a share of the order-matching market.
Reuters says it has "a view to launching in early 1992." The startup is predicated on successful beta tests, which will take place at 20 banks in London and 10 in New York. Locations in Europe and Asia will be
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