Edward D. Jones & Co. has awarded the contract to supply news to its 1,600 branches nationwide to Reuters Holdings PLC. The contract appears to be a major coup for Reuters. But sources say the U.K. news and market data vendor lowballed competitors, including Dow Jones & Co., with a bid to supply news to Edward D. Jones' branches for three years at a base price of less than $1 million.
Under the contract, Reuters will distribute its international equities, commodities and money news service ov
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails