December - Year ends in vendor dispute

The year in forex ended in combative style, as vendor firm Integral clashed with its rivals over Reuters’ purchase of AVT Technologies.

The battle lines were drawn after Californian vendor Integral published a statement claiming the purchase, announced on December 2, put users of both Reuters’ and AVT’s products in a "difficult position".

Both Reuters and AVT disputed the claim and were backed up by users of their forex products who said the acquisition did not pose a threat for them.


To continue reading...