First Boston, In Campaign To Replace Telerate, Takes Hundreds Of Bloombergs


First Boston has embarked on a campaign to minimize its reliance on Dow Jones Telerate as a source of U.S. Treasury data. Instead, the firm is boosting its use of internal information and of a host of market data vendors to replace Telerate-delivered data.

Sources say some users at the firm have submitted requests for additional Telerate data and services -- only to be told by market data managers that no new orders will be accepted for Telerate services. Existing Telerate users, however, hav

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