Quotron Restarts FX Swaps Beta Tests Aims For December Commercial Launch

TECHNOLOGY

Quotron Systems, Inc. took its F/X Trader swaps facility back into beta tests last week after initial tests were cut short in September, officials there confirm. If the tests, currently taking place on a regional basis in 10 cities, proceed without further glitches, a commercial launch will likely be slated for sometime next month.

"If all goes well," says John Beckert, head of FX development at the Citibank subsidiary, "a commercial launch is approximately a month away." However, that means