Reuters Claims 90-Plus Percent Of FX Transactional Market

BROKERS

In yet another analyst meeting late last month--this time in London--Reuters Holdings Plc chief executive Peter Job gave analysts some interesting tidbits on the company's "long-term view" of its future prospects, according to those who attended. Among other things, Job told analysts that it has more than 90 percent of the market for transactional products in foreign exchange and that rival Telerate's TTS system was close to extinction, says one attendee. Job also gave details of the new

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