Deutsche Bank New York Eyes Third Parties Before Rolling Out System Built With Reuters
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Deutsche Bank AG and Deutsche Bank Capital Corp. systems staff are evaluating digital data distribution platforms for the bank's 150- to 200-position trading floor at 31 W. 52 Street in New York. No final platform has been selected, despite the existence of a system jointly developed by Deutsche Bank and Reuters Holdings PLC in Europe.
Since signing a $40 million pact with Reuters 18 months ago, Deutsche Bank has been busy co-developing with the vendor a digital trading-room system for use by the
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