The news is not around the old agreement in which companies agreed to take an equity stake. read my "orange juice" analogy and you will understand the new contract. The contract is for BIG orange juice traders contracting to use espeed for ALL trading. All traders in "orange juice" agreed after they initially had each tried to form their own trading venture. Individually they failed thus the decided for electronic trading of "orange juice" to occur they needed to all use the same platform. I cant upload the darn contract papers but just trying to provide some information for long investors, not trying to change the mind of the shorts as explained before.
I work in FX and do much of our dealing through two electronic interbank dealing resources: Reuters and EBS. Many of our spot FX deals are done electronicly through these two trading systems. Is what you are refering to sound much like this buy for "orange juice" instead of currency?