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As IMD goes to press, Reuters has yet to take the plunge on its planned acquisition of Quotron. But sources say that today is the day for announcing a deal. The latest talk puts at above $100 million the amount Citicorp will pay to cover Quotron's operating costs after Reuters takes over. Quotron lost $62 million last year (IMD, Jan. 17).

Quick America Corp. has scheduled an April release date for its long-overdue North American-oriented quote service. Norio Komiya, president of Quick America

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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