Reuters, Citibank, Chase and Deutsche to Form Internet FX Trading Alliance
FRONT PAGE NEWS
NEW YORK--The revelation by The Wall Street Journal last week that three of the foreign exchange market’s top banks--Chase, Citibank and Deutsche--are to form an Internet FX trading alliance with Reuters has prompted a flood of speculation over the timing and structure of such a consortium.
Despite press reports in the Financial Times and elsewhere claiming that the four participants have owned up to the alliance, all four refuse to admit that such a venture exists or is even planned and will
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