Quotron's F/X Trader Closes In On Telerate's TTS Battle Of Conversational FX Systems Heats Up

TECHNOLOGY

167 banks around the world have agreed to install Quotron Systems Inc.'s F/X Trader conversational foreign exchange trading system, a Quotron spokeswoman says. Although only 102 sites are currently live on the system, Quotron is quickly closing the gap between it and its nearest competitor, Telerate Systems Inc.'s Telerate Trading Service (TTS). TTS is installed at more than 174 banks according to officials there. Neither, however, has managed to make much of a dent in Reuters Holdings PLC

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