Buy side to see Matching prices

The firm is taking spot dealing prices from its Matching service – currently used by 7,000 users at top-flight banks – to the 17,500 bank, corporate, hedge fund, asset manager and institutional investor users of its Dealing 3000 Xtra terminals.

Following rival EBS's decision last week to admit funds to its spot-broking platform, Reuters' move is the latest in a growing trend towards 'buy-side power' in the FX market.

"The FX market has undergone a complete metamorphosis," said Tarun Anand, b