Officials: Reuters Retains AVT Clients

VENDOR UPDATE

LONDON--Reuters has not lost any clients of its off-the-shelf Internet-based foreign exchange dealing product, Automated Dealing (AD), since the vendor bought and merged with AVT Technologies in December.

Rival California-based online technologies provider Integral Development had hoped to win clients it said were disaffected by the deal (TTW, December 16). Integral acknowledged last week that "virtually every AD customer has been in contact with us," but since then none have signed with the

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