Reuters Links with e-MID
Reuters announced a strategic alliance with e-MID S.p.A., the European electronic organised market for treasury products, to offer an extended suite of trading instruments to the European interbank money markets. The global agreement, with the exception of Italy, will involve Reuters hosting the e-MIDER Overnight Index Swaps (OIS) trading system and the e-MID deposits trading systems on its Reuters Dealing 3000 platform. This will provide customers with access to both Dealing 3000 services and the e-MID market place from a single screen and keyboard. Reuters plans to make the e-MID and e-MIDER systems available on its Reuters Dealing 3000 platform from September 2001. e-MID provides one of the leading European electronic markets for cash and derivative short-term interest rate products, supplying multilateral, screen based trading for money market traders.