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D2000-2

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Foreign exchange market trading system
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D2000-2 orReuters Dealing 2000-2 was a software system designed byReuters forforeign exchange trading.

Thisautomated electronic trading system allowed a dealer to enter buy and/or sell prices directly into the system, thereby avoiding the need for a human broker. The system recorded thetouch price which is the highest bid and lowest ask price.

History

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D2000-2 was released in 1992 and provided electronic matching while direct conversion was provided by D2000-1.[1] The D2000-2 product superseded D2000 which was originally released in 1987 and only provided indicative foreign exchange prices.[2] Much of the functionality of the system was incorporated in Reuters' subsequentonline trading platform,Reuters 3000 Xtra.[3]

References

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  1. ^"Reuters Dealing and CLS". Reuters. March 12, 2004. Archived fromthe original on March 4, 2016.
  2. ^Michael Melvin and Lin Wen (December 2004)."Direct Dealing or Electronic Brokerage in Foreign Exchange Trading"(PDF). Arizona State University.
  3. ^"Crypto Evex Bot - Ai powered Trading app | Official Bitcoin Trader Ai Website".
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