Memo Has Minex Subsidizing Telerate FX Dealer Incentives
PROPRIETARY EXECUTION
If Dow Jones Telerate transaction services sales and marketing vice president Gary Meshell has his way, Minex Corp. will soon launch a major new incentive program for users of its electronic foreign exchange order-matching service in London and New York. According to a Telerate internal memo written under Meshell's name -- and obtained by TST sibling publication FX Week -- the vendor and the Japanese consortium were in the final stages of negotiating the terms of the incentive program.
The
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