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Reuters Buys Out Partner in ICor Brokerage for FX Options

Reuters has acquired the remaining 50% of ICor Brokerage, its joint venture with ICor JV Holdings. The deal strengthens Reuters’ commitment to provide order-matching capabilities in the foreign exchange markets. With its FX options capabilities, ICor complements Reuters’ existing systems in spot and forward foreign exchange. ICor’s capabilities will be accessed by users via Reuters’ Dealing 3000 keystations.

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