Reuters In Quiet Campaign To Improve Quality, Breadth Of Contributed Data


Reuters Holdings PLC is increasingly concerned about the quality and breadth of its contributed data and has launched a quiet campaign to improve both. Of particular concern is some banks' abuse of the price contribution mechanism to advertise their market-making services on key multi-contributor pages such as FXFX and WRLD, according to industry sources.

Forex trading managers at a number of London banks agree that certain banks have been contributing data--not just to Reuters, but also to