TECHNOLOGY

TECHNOLOGY

Hongkong and Shanghai Banking Corp. (HSBC) has selected dealing room data distribution technology from Teknekron Software Systems to use as its standard platform globally. The systems will be rolled out to more than 1,000 positions at some 28 sites over the next five years.

HSBC's decision to go with Teknekron comes at the expense of Reuters which had installed its rival system at HSBC/Midland Global Markets in London (FX Week, Dec. 14, 1992). That system will now be replaced by Teknekron's

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