Some Telerate Users Switch To Treasury 500 From 7677-Series Bond Service


A number of large Wall Street firms have switched some users to Telerate Systems Inc.'s new Treasury 500 service from its premium-priced 7677 series of pages of Cantor Fitzgerald Securities Inc. government bond prices delivered via Market Data Corp. (MDC).

If the switchover gains momentum, Treasury 500, which is provided free of charge as part of the standard Telerate service, could prove a costly way for Telerate to stave off the threat to its core business posed by GOVPX Inc., the Public S