Reuters, Telerate Users Support MTG Inquiry Into Pricing, Distribution Issues
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To increase their leverage with Reuters Holdings PLC and Telerate Systems Inc., several major customers plan to compare notes on the terms and conditions under which they acquire services from the two market data heavyweights.
The information-sharing exercise will occur in the context of a multi-client research study promoted by Market Technology Group Inc. of New York. The study proposal suggests that Reuters and Telerate users need to develop strategies to deal with the vendors' packaging
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