Telerate Tightens Reins On U.S. TDPF Resellers

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Fresh from its courtroom triumph over Programit Inc.,Telerate Systems Inc. is laying down the law for U.S. distributors of Telerate's digital page feed, TDPF, formerly known as SOP.

A recent letter to trading system vendors would take the value out of value-added Telerate applications sold by anyone but Telerate. The letter outlines a strict new set of data display acceptance criteria and explicitly discourages vendors and their clients from designing trading systems that manipulate or

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