Minex Still Lags In London As EBS Launches This Week
TECHNOLOGY
Four months after its official launch in London, the Minex electronic FX matching system is still not installed in most of the London dealing rooms of its shareholder banks, say dealers, and volumes remain low. One London dealer estimated that fewer than 200 deals per day are done on the system worldwide.
Minex, the largely Japanese-owned system, was the second matching service to be launched after Reuters Dealing 2000-2, which started up in April, 1992. The third, Electronic Broking Service
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