LOOSE CHANGE

LOOSE CHANGE

A full page advertisement in the Sept. 19 Wall Street Journal placed by Telerate Systems Inc. says that "in the last three months, usage of the [The Trading System] network has tripled." The ad further states that in little more than a year, TTS has "gained hundreds of customers," and that TTS, an automated foreign exchange trading service, now serves FX traders in 36 financial centers around the world. The ad comes in the wake of reports (FX Week, Aug. 3) that the number of TTS user sites had

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