Quotron’s F/X Trader Popular, But Lacks Liquidity Three Months After Its Launch

TECHNOLOGY

About three months after it was officially launched, Quotron Systems, Inc.’s F/X Trader automated dealing system for the interbank foreign exchange market still thirsts for the liquidity it needs to survive. But F/X Trader, unlike its rival for second place--Telerate Systems Inc.’s Trading Service (TTS)--doesn’t feature the unpopular "slate" input device, which users say could give Quotron the edge.

Although Reuters Holdings PLC continues to dominate the marketplace, banks have welcomed F/X T