North American FX Dealers Are Lukewarm On Reuters' Dealing 2000-2 System
TECHNOLOGY
Despite the recent introduction of incentives for market-makers, Reuters' Dealing 2000-2 automated foreign exchange order-matching remains the last call for many North American traders. Some, however, expect a pick-up in volume on the system, which would spell good news for Reuters as it prepares to face off against two emerging rivals.
"The 2000-2 prices are definitely the last price to get dealt on," says Stuart Sagevick, assistant vice president at Bank Julius Baer.
Dealers at a number of
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