Although Reuters Dealing 2000-2 has a considerable head start, EBS isn't letting grass grow under its feet. Sources involved in the project say that an EBS prototype has been undergoing regular testing by some 100 traders in New York. And on August 17, the first official meeting of the EBS user group took place in New York, with trading room chiefs from all the major banks attending. Called the EBS Action Committee, its purpose is to "keep coherence among the EBS member banks during prototype

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