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Reuters Won't Use Logicraft For Access To Dealing 2000-1

PROPRIETARY EXECUTION

After months of tests, Reuters Holdings PLC is set to reject Logicraft Inc.'s network server-based technology for integration of Reuters' Dealing 2000-1 foreign exchange transactional service within fully digital trading room systems. The decision defers the dream of a fully integrated, UNIX workstation-based trading-room system for foreign exchange dealers.

Banks and firms with digital trading-room systems running on networked UNIX workstations have been forced to retain video-switching

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