Reuters Dealing slips further
TECHNOLOGY NEWS
LONDON -- Reuters Dealing, Reuters' FX trading system, continued to lose ground last year, despite the fact that installations of Dealing 3000 increased, according to the firm's full-year financial results, announced last week.
Reuters Trading Solutions' revenues fell 6% to £377 million, as Dealing "continued its slow, steady rate of decline", said chief executive Tom Glocer. But Dealing 3000 upgrades continued strongly, he added, with close to 13,000 keystations installed during the year -- 7%
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