Telerate Absorbs CMQ Communications, Adapts Technology To New Data Feed Strategy (Another High-Speed Consolidated Feed)


The market data services of Telerate Systems, Inc. and its recent acquisition, CMQ Communications, Inc., are expected to be merged and integrated by year's end. One result will be a high-speed consolidated feed combining CMQ exchange data and Telerate contributed data, a product that will go head-to-head with the 56 kilobits/second Marketfeed 2000 product being introduced by Reuters Holdings PLC (MTR, January 1988).

As we go to press, meanwhile, CMQ is about to lose most of its identity. Begi