Reuters Extends Incentive Program For Dealing 2000-2 Market-Making
TECHNOLOGY
Reuters Plc has decided to extend its current market-maker incentives for its Dealing 2000-2 automated FX matching service past its previous July 31 cut-off, company officials say. The incentive discounts will be continued in their present form until September--when bank-sponsored rival EBS (Electronic Broking Service) is expected to be launched.
But after September, says a Reuters spokesperson, the threshold for a bank to gain the substantial per-transaction discount off bills for Reuters'
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