Liberty And Garban Discuss Newco II With Quotron

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Garban Ltd. and Liberty Brokerage Inc. have agreed to create a consolidated fixed-income data feed that will be sold to third- party data vendors, according to documents obtained by IMD. The two interdealer brokers collectively solicited Quotron Systems Inc. to become facilities manager of the product.

The feed was proposed in a letter to Quotron from Garvin Information Systems Inc., Garban's information affiliate. The letter specifies a "Treasury Securities Market feed" that would deliver l