Quotron FX Takes On Citicorp Name Signalling Plans To Keep The Business

DEALING & NETTING

The rump of Citicorp's former Quotron subsidiary, Quotron Foreign Exchange, has changed its name to Citicorp Dealing Resources (CDR) following Citi's sale of the remainder of Quotron's businesses to rival Reuters this summer, which included sale of the Quotron name. The name change signals the holding company's commitment to the business - which observers have long expected Citi to sell - according to CDR president Michael Togher.

"In a case like this, you either use the company name or you

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