Minex Set To Sign Up 150 Sites Worldwide; Plans Capital Increase In December

BANKS

Minex Corp. expects to have 150 bank sites signed up around the world for its automated FX broking service by the time the system is launched in April of next year, say company officials. Marketing executives say 30 of the user banks will be in London. The company--a consortium of Japanese banks and money brokers with Dow Jones/Telerate, Kokusai Denshin Denwa Co., the Japanese telecommunications giant, and K.K. Kyodo News Service--also plans to go ahead with a December share issue to triple the

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