Madoff Seeks To Distribute Unconsolidated Stock Quotes Via Bloomberg To Buy Side

MARKET DATA & NEWS

Bernard L. Madoff Investment Securities Inc. is planning to disseminate its equities quotes directly over Bloomberg L.P.'s network of quote terminals. No timeframe for the project has been established, but Madoff systems staff are currently discussing with Bloomberg programmers ways to build the necessary links, according to one Madoff source.Madoff's plans initially call for distributing listed equity data free of charge to end users over Bloomberg's network, according to Peter Madoff, dire