Minex To Offer Discounts On Telerate As Incentive To Boost Lagging Liquidity

DEALING AND NETTING

Minex Corporation and one of its major shareholders, Dow Jones Telerate, plan to start a new, far-reaching incentive programme this week for bank users in London and New York of its electronic FX transaction-matching service, FX Week has learned.

Gary Meshell, vice president of sales and marketing for the Telerate transaction services group, outlined a preliminary version of the programme in a recent internal memo to Telerate employees passed to FX Week - some of the details may have since be