FXNET Banks Select Quotron For Order-Matching Project

THIS WEEK'S LEAD STORIES

A group of money-center banks has selected Quotron Systems Inc. to build an order-matching system based on its F/X Trader transactional system for interbank foreign exchange trading. The drive to develop an order-matching facility appears to stem from the banks' determination to have access to an alternative to Reuters Holdings PLC's Dealing 2000-2 order-matching system.

Meanwhile, Street talk persists that Quotron and Dow Jones & Co.'s Telerate Systems Inc. unit are negotiating to merge their

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