Reuters & Bloomberg target buy side

Reuters is opening its foreign exchange trading platforms to the buy side with a roll-out of transactional capabilities next quarter. Bloomberg is piloting the second stage of its partnership with Cognotec that will allow users to trade prices from this week.

Seven European banks and an Australian institution have signed up to Reuters Trading FX (RTFX), a new capability that allows them to offer their pricing on FX to customers through Reuters Dealing 3000 and Reuters Xtra terminals. Danske Bank

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