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Reuters and CME complete FXMarketSpace joint venture


Reuters and CME have completed the formation of their previously announced 50/50 joint venture FXMarketSpace.

The launch of FXMarketSpace's trading platform, expected in Q1 2007, will create the world's first centrally-cleared, foreign exchange marketplace. Certain FXMarketSpace activities will be subject to regulatory approval by the UK Financial Services Authority, which is expected in early 2007. For more information on FXMarketSpace, please visit www.fxmarketspace.com

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