Reuters reasserts forex dominance

Hit by consolidation among its client base and banks’ budget cuts in IT, Reuters’ share price sank to a 12-year low earlier this month as the firm reported its first-ever revenue loss. Hot on the heels of that came news last week that it had lost out on a $1.5 billion market data deal to rival Thomson Financial.

Yet the firm’s dominance in the forex market remains unquestioned. From spot and forwards broking, to its white label automated dealing product, through to news and market data, Reuters

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