Weighed Data Credits, Freebies To Dealers On Minex

VENDOR STRATEGIES

According to a Dow Jones Telerate internal memo, Telerate has given serious consideration to offering discounts on its core information services -- and even some free services -- as an incentive to banks and firms who trade on the Minex foreign exchange conversational dealing system. However, since a copy of the mid-March memo was first obtained by IMD sibling publication FX Week, Telerate has opted not to move ahead with the incentive plan outlined in the memo, a Telerate spokesperson says.