LOOSE CHANGE

LOOSE CHANGE

Could it be that Telerate will encourage TTS banks to stay off Reuters Dealing 2000-2? Sources close to the company say plans are afoot to host a get-together for TTS banks, encouraging them to wait for Minex, the order-matching system it is developing in conjunction with KDD and a host of Japanese banks and brokers. Although Telerate, which currently has a 10 percent share, may be eager to get a bigger piece, Minex Corp. may not want to part with more, these sources say. A Telerate spokespe