MAI And Euro Brokers To Launch Rivalto Reuters' Dealing 2000-2
THIS WEEK'S LEAD STORIES
The interbank foreign exchange market will soon be offered a new automated trading service by RADAR Financial L.P. The new black box order-matching system will compete with Reuters Holdings PLC's as yet unreleased Dealing 2000-2, rather than with the conversational systems that have emerged in recent months.
RADAR, an acronym for Real-time Anonymous Dealing And Reporting, is the brainchild of RADAR Financial, a joint venture comprising MAI PLC, Euro Brokers Inc. and a number of as yet undisclosed
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