D2000-2
Encyclopedia
D2000-2 was a software system designed by Reuters
Reuters
Reuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...

 for Foreign exchange trading.

This automated electronic trading system
Electronic trading platform
In finance, an Electronic trading platform is a computer system that can be used to place orders for financial products over a network with a financial intermediary. This includes products such as shares, bonds, currencies, commodities and derivatives with a financial intermediary, such as a...

 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 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 The D2000-2 product superseded D2000 which was originally released in 1987 and only provided indicative foreign exchange prices.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
Reuters 3000 Xtra
Reuters 3000 Xtra is an electronic trading platform typically used by professional traders and investment analysts in trading rooms. It provides real time streaming price date on exchange traded stocks, warrants, options, futures, indices, bonds, commodities and foreign currencies as well...

.
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