HSBC Takes Telerate Data, Services

FRONT PAGE: DATA CONSUMERS

Telerate will reveal this week a major deal with HSBC to provide data, technology and services to the bank's private client and retail businesses. The news comes amid news that Reuters in is talks to buy Telerate (IMD, May 31).

In what Telerate officials are describing as a vindication of its technology products, the vendor is supplying a hosted data distribution infrastructure to provide market data from users' chosen equity exchanges, analytic tools for comparing stocks, and some capital

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