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Reuters To Exit FX Options Business

Thomson Reuters is quitting the FX options interbank matching business.

Thomson Reuters is quitting the FX options interbank matching business, FX Week reports. The firm will now focus on the development of new post-trade services, designed for the FX options market.

The move comes as the service did not achieve the set targets. The closure will affect a team of less than 20 people. The firm will focus on its new Eikon platform, which includes FX options.

Click here for the story from FX Week.

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