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REUTER DEALING 2000-2 HITS 1,000 DAILY TRADES LEVEL

 LONDON, June 21 /PRNewswire/ -- Reuters Holdings PLC (NASDAQ: RTRSY) announced today it had reached its initial target of executing an average 1,000 trades a day on its new Dealing 2000-2 foreign exchange matching system.
 The company said daily average trades had exceeded this level over the five working days of last week. Each trade is for a minimum of one million units on the currency being dealt, for example U.S.$1 million, DM1 million or 1 million pounds.
 "We are grateful to our banking customers for supporting us in this new product initiative and look forward to offering them better and better service in our second year of operations of Dealing 2000-2," said Chief Executive Peter Job.
 There are now 230 Dealing 2000-2 subscriber sites in 28 cities in 17 countries. A further 100 subscriber sites will soon be installed. Spain will join the network shortly.
 When Dealing 2000-2 was launched last year, it was installed at 23 subscriber sites in two countries.
 Eleven currency pairs, for example the foreign exchange rate between the U.S. dollar and the Deutschmark, are now available for trading on Dealing 2000-2, compared with three pairs at launch. The following currencies can be traded on the system: U.S. dollar, Deutschmark, Sterling, Japanese Yen, Swiss Franc, Belgian Franc and Italian Lira.
 Dealing 2000-2 adds automatic matching of best bids and offers to the Reuter Dealing 2000-1 product. Dealing 2000-1 and the Reuter Monitor Dealing Service allow clients to negotiate deals with their chosen counter-parties on some 16,000 screens in 85 countries. A substantial portion of the world's spot foreign exchange business in conducted on Reuter dealing terminals.
 -0- 6/21/93
 /CONTACT: Robert Crooke of Reuters America Inc., 212-603-3587/
 (RTRSY)


CO: Reuters America Inc. ST: New York IN: PUB SU:

SM-OS -- NY033 -- 3982 06/21/93 10:32 EDT
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Publication:PR Newswire
Date:Jun 21, 1993
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