Automated FX Trading Systems Galore But Still No Last-Sale Price Ticker Available


Despite the recent glut of automated trading systems for the interbank foreign exchange market, currency trading still lacks actual traded rate data, traders say. While the three main vendors -- Quotron Systems Inc., Reuters Holdings PLC and Telerate Inc. -- support their respective trading systems with contributed bids and offers, a last-sale ticker remains elusive.

A last-trade data feed would plug a conspicuous hole in data vendors' coverage of the foreign exchange marketplace. It would also

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