Telekurs Buys S&P Trading Systems And Its Ticker III Feed

THIS WEEK'S LEAD STORIES

Telekurs (North America) Inc. is the new proprietor of Ticker III. In a deal announced June 30, Telekurs acquired the assets of Standard & Poor's Trading Systems from McGraw-Hill Financial Services Co., thereby ending one of McGraw-Hill's less spectacular forays into the electronic information business.

The acquisition puts two non-U.S. firms, Zurich-based Telekurs AG and London-based Reuters Holdings PLC, in nose-to-nose competition for the professional digital data feed market in North Amer