Reuters Steps Up Efforts To Curb Abusive Price Contribution Practices

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Reuters has embarked on a quiet campaign to counter some banks' use of abusive price contribution practices to advertise their market-making services on key multicontributor pages, such as its core WRLD pages. Along with investigating suspected offenders, the vendor is evaluating rule-based programming techniques to detect abusive contributors.

Foreign exchange trading managers at a number of banks agree that certain banks have been contributing data -- not just to Reuters, but also to Teler

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