FX Markets

Radar Adds Conversational Trading To System To Battle Quotron, Reuters 2000, Telerate?

TECHNOLOGY

RADAR, RADAR Financial L.P.'s proposed PC-based foreign exchange order-matching system, will also include a conversational trading system, according to Peter Scott, a director at MAI PLC.

RADAR Financial is a joint venture comprising MAI PLC, Euro Brokers Inc. and Cable & Wireless. It also includes a small software development company. MAI, based in the U.K., owns money broker Harlow Meyer Savage Inc. and interdealer brokers Garban Securities Inc., Garvin Guybutler Inc. and MKI Securities Inc.

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