FX Markets

Telerate To Add Conversational Facility To TTS Trading System, In Bow To Market

TECHNOLOGY

Apparently bowing to user demands, Telerate Systems Inc. will introduce a free-form conversational capability on The Trading Service, its automated trading system for the interbank foreign exchange market, within the next month. Until now, TTS has supported only fixed-format trading, which Telerate claims is less error-prone than conversational trading.

Now Telerate is "bringing back the etiquette of trading," says Peter Harrison, Telerate's TTS marketing manager for Europe/Gulf. The

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