Lehman Close To Deal With KRF, As Telerate Lands Nat'l Australia


As news has emerged that Lehman Brothers Inc. may soon sign a global deal for Knight-Ridder Financial's Interactive Digital Feed (IDF), KRF continues to wage its battle for market data vendor market share with Reuters and Dow Jones Telerate -- a battle which has recently seen Telerate make some headway after slipping a bit last year. Telerate, which lost a significant share of its market data business to KRF at both Bankers Trust Co. (IMD, April 10, 1995) and Hongkong & Shanghai Banking Corp