Minex's FX Matching System, Due In 17 Months Will Raise Technology Stakes In Systems Race
TECHNOLOGY
Reuters Holding PLC may get out of the starting blocks first with its Dealing 2000-2 foreign exchange order matching system, but Minex Corp., the Japanese-based consortium, which now includes Dow Jones & Co., unveiled a prototype of its system last week that suggests it will likely provide some stiff competition upon its launch in April 1993.
Officials from Minex, Dow Jones and its Telerate Systems Inc. unit, invited FX Week in for a sneak preview last week. Early indications suggest that the
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