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German regional bank adopts trading tool from Reuters

Landesbank Baden-Wuerttemberg, the German regional bank, is to install an equity and equity derivatives trading tool from Reuters, the UK information group, as part of an increasing concentration on international markets.

The bank will use the tool, called Reuters order management for exchange execution, at 40 trading desks across its sales, execution and proprietary trading divisions. It will be integrated with the Reuters 3000 Xtra market data system and the Kondor+ risk management application.

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