FX Week

Sales in Reuters' dealing products turn the corner


LONDON -- Interim results from information and trading systems vendor Reuters shows clients' declining use of the firm's trading terminals has slowed.

The results, announced last week, showed accesses to Reuters Dealing FX transaction system fell by less than 1% in the second quarter, from Q1. This, said incoming chief executive Tom Glocer, was an encouraging sign that the hits Dealing took after last year's bank merger mania are slowing down.

"If you look at a half-to-half comparison, overa

To continue reading...