Citicorp Forms Crossmar Inc. To Sell Market Data; Garban, Forex Feed Offered

CONTENT & FEES

Citicorp has formed CrossMar Inc., a separate unit charged with -- among other things -- collecting and selling market data. CrossMar is comprised of the same products and personnel as had formed the previous Global Treasury Services (GTS), long part of Quotron.

But the new CrossMar has some new products as well. Awaiting a trademark search for a new name is a 9.6 kilobit/second broadcast feed of foreign exchange and fixed-income data.

Real-time Treasury data is contributed by interdealer-br