Reuters Postpones Beta Test Of Dealing 2000-2 Considers Rule Changes To Reduce Liability

TECHNOLOGY

Reuters Holdings PLC has delayed the start of beta tests of its Dealing 2000-2 order-matching system for the interbank foreign exchange market following spotty performance of the system during alpha tests this spring.

A number of sources inside the company say Reuters has delayed the beta-test startup until late September. The company had been scheduled to begin tests with 10 New York- and 20 London-based banks in June (FX Week, June 1). Meanwhile, a second round of alpha tests is in progress

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