R&N Tapped for OTC FX Site
FRONT PAGE: FX TECHNOLOGIES
LONDON—The Chicago Mercantile Exchange (CME) and Reuters have signed a deal with derivatives software provider Rolfe & Nolan Systems (R&N) whereby R&N will provide a back-office solution for the over-the-counter foreign exchange (OTC FX) marketplace, FXMarketSpace, a joint venture proposed by the CME and Reuters, DWT has learned.
Under the terms of the deal, R&N will develop a new product to ensure that participants have the necessary capabilities to support transacting on FXMarketSpace, an
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