Reuters Forex Dealing Systems Face Chinese Profit Squeeze

DEALING & NETTING

Reuters' FX dealing systems in China may come under the official Chinese news agency's control, as may other financial software and hardware sold by information vendors, according a report in FX Week's associate publication Dealing & Investment Systems (DIS).

In a move with far reaching implications for foreign exchange trading, Xinhua, the official Chinese news agency, plans to take control of all financial information services distributed in China. The agency will require providers to enter