Reuters enters post-trade market
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The service is undergoing testing with a major inter-dealer broker, and is in the final stages of development. The service will be a centralised system to allow banks and brokers to out-source their post-trade plumbing issues with clients.
Andrew Cunningham, chief architect for next-generation transactions at Reuters, said: "We are putting significant investment into it. Reuters' global footprint will enable us to build on our strong presence in the market."
Forex is the first asset class to be
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