FX Week

Reuters' Interim Results Show Steady Pace In Transaction Products Sector

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LONDON--Reuters reports steady half-year revenue growth for its Dealing 2000 range of transaction products, which grew by 4 per cent at comparable rates of exchange to £110 million versus £111 million the previous year. However, at actual rates, revenues from the Dealing 2000 range are down 1 per cent on the same period last year, to £221 million from £223 million.

Overall, Reuters reports revenues of £1.453 billion. Year-on-year, this marks a 3 per cent improvement at current exchange rates