Data Logic Ltd. has signed an agreement giving C. Itoh exclusive rights to market and distribute its trading room systems in Japan. The long-term agreement between the U.K.-based trading systems supplier and the Japanese conglomerate is expected to lead to joint development projects.

C. Itoh has similar arrangements in the telecommunications market with Cable and Wireless of the U.K. and Pacific Telesis.

A subsidiary of Raytheon Co., Data Logic recently opened offices in New York, Paris and

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