Thomson Reuters Matching hit by four-hour outage

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Foreign exchange traders have reacted with frustration to a four-hour blackout on Thomson Reuters Matching on March 9, complaining the company has underinvested in its technology and failed to communicate properly during the outage, leading to widespread confusion in the market.

"Liquidity in the pairs that are mostly traded via Thomson Reuters Matching was down significantly – these are mostly the non-G5 pairs. It also wasn't at all clear whether pending orders in the system got filled or not

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