NEW YORK--Reuters has maintained a non-exclusive agreement with wholly owned subsidiary Instinet that allows Reuters to provide its fixed income data to Instinet. Instinet’s clients can use the data for trading fixed income securities, and Instinet then delivers that traded price data back to Reuters. Instinet’s agreement to send Reuters the traded price data is also non-exclusive.
The arrangement began in October 1999 with a two-year contract until October 2001. Instinet agreed to pay Reuter
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