MCM's Currencywatch Adds EMS Calculations

TECHNOLOGY

CurrencyWatch, an optional screen service on Telerate operated by McCarthy, Crisanti & Maffei Inc. (MCM), is adding live EMS calculations and beefing up its coverage of European central banks, catering to what appears to be an area of growing interest to foreign exchange departments.

Cross-currency trading of EMS currencies doesn't offer spot dealers much scope for speculative profits unless a realignment is in the offing. However, forward trading is a different story. In order to keep their

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