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REUTERS STARTS DEALING 2000-2 IN ASIA

 REUTERS STARTS DEALING 2000-2 IN ASIA
 TOKYO, Sept. 17 /PRNewswire/ -- Reuters today expanded its foreign


exchange matching service, Dealing 2000 Phase 2, to 10 bank sites in Tokyo, 11 in Hong Kong and six in Singapore.
 Dealing 2000 Phase 2, the first computerized deal-matching service of its kind, is now installed in 61 bank sites world-wide with a further 43 contracted. With Dealing 2000 Phase 2 traders can trade spot dollar/mark, dollar/sterling, dollar/yen and dollar/Swiss franc quickly, anonymously and inexpensively.
 The number of banks who have contracted to take the service has more than tripled since the launch in London and New York at the end of April of this year. It was extended to Frankfurt and Zurich in June and has recently gone live in Toronto. Reuters plans further network extensions to other European centers before the end of the year.
 -0- 9/17/92
 /NOTE TO EDITORS: Reuters launched the first computerized matching service for foreign exchange on April 29. The service is the second phase of Reuters Dealing 2000 product on which a substantial portion of the world's spot foreign exchange business is conducted. It adds automatic matching of best bids and offers to Dealing 2000 Phase 1 which allows clients to negotiate deals with chosen counter-parties in 80 countries./
 /CONTACT: Robert Crooke of Reuters America Inc., 212-603-3587/
 (RTRSY) CO: Reuters ST: IN: PUB SU: PDT


SH-LR -- NY015 -- 0496 09/17/92 09:44 EDT
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Publication:PR Newswire
Date:Sep 17, 1992
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