Reuters FX Dealing Systems Suffer Y2K Hangover
NEWS
LONDON -- Reuters Trading Solutions (RTS) is blaming the ongoing effects of Y2K on sales of its foreign exchange dealing systems for a downturn in first-half profits for 2000.
The division earned $372 million in first half 2000, down from $379 million a year ago.
The total number of dealing terminals was 21,000 at June 30, 2000 -- a reduction of 7 per cent compared to June 30,1999.
According to Rob Rowley, finance director of Reuters, the after-effects of Y2K impacted results for the whole of the
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