Reuters Cuts Deals, Raises Prices

ADMINISTRATION AND MANAGEMENT

Reuters is offering to cut deals to attract new clients and encourage existing ones to move to its new platforms, says a market data manager in New York. At the same time, the vendor is raising the prices of a number of domestic data services and legacy systems, according to sources at several financial services firms.

Reuters is reportedly making special deals to attract clients of competing vendors, the executive says. He believes that Reuters will be "very flexible" in cutting deals with

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