Noonan Tries To Break From Contract For Delivery Of FX Data To Telerate

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Telerate Systems Inc. has obtained a restraining order from the New York State Supreme Court that temporarily prevents foreign exchange broker Noonan, Astley & Pearce Inc. from breaking its long-term contract to supply real-time financial information, including foreign exchange rates, to Telerate.

With Telerate currently trying to get The Trading Service (TTS), its foreign exchange trading system, off the ground, it was only a matter of time before Noonan made an effort to stop supporting the

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