Quotron Steals Order-Matching Show In Madrid As Telerate/Quotron FX Merger Talks Heat Up

Order-matching systems were the hot topic for foreign exchange dealers at the 33rd annual Association Cambiste Internationale congress, held in Madrid earlier this month. While Reuters Holding PLC officials assured delegates that its planned automated order-matching service, Dealing 2000-2, is coming--honest--Telerate Systems Inc. broke silence for the first time on its aspirations in that area. But it was the news that Quotron Systems Inc. has been selected by a consortium of banks to develop a