ABN-Amro Signs On Dotted Line As The Twelfth EBS Member

TECHNOLOGY

After months of negotiations, ABN-Amro Bank has finally signed on officially as a member of the EBS Partnership, the group has announced. In a move which has been an open secret for some time (FX Week, June 29), ABN-Amro becomes the twelfth member of the group formed in March to develop the Electronic Broking Service, a rival to Reuters Holdings PLC's Dealing 2000-2 automated order matching system for foreign exchange.

ABN joins ten other banks--including the three largest U.K. clearers, the big

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