D2000-2 or Reuters Dealing 2000-2 was a software system designed by
Reuters for
foreign exchange trading.
This
automated 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 the
touch price
Yellow strip price or ''touch price'' is a term used in the '' UK'' stock market (LSE) by Market makers for the highest bid price or lowest offer price, shown on the SEAQ
The Stock Exchange Automated Quotation system (or SEAQ) is a system for ...
which is the highest bid and lowest ask price.
History
D2000-2 was released in 1992 and provided electronic matching while direct conversion was provided by D2000-1. The D2000-2 product superseded D2000 which was originally released in 1987 and only provided indicative foreign exchange prices. Much of the functionality of the system was incorporated in Reuters' subsequent
online trading platform,
Reuters 3000 Xtra.
[https://bitcointrader.ai/]
References
{{Reflist
Foreign exchange market
Former electronic trading platforms
1992 software
Thomson Reuters