Pru-Bache Signs For $27.8 Million Worth Of Equities 2000 As Reuters Gets Foothold In U.S. Stock Quote Business
THIS MONTH'S LEAD STORIES
With new customers for two of its newest products, Reuters Holdings PLC has established its foothold in the North American equities information market. As part of a worldwide agreement, Prudential- Bache Securities, Inc. will install 400 Equities 2000 terminals in New York. Separately, Morgan Stanley and Co., Inc. has become the first production customer for the 56 kilobits/second Reuter Marketfeed 2000.
The four-year, $27.8 million Pru-Bache deal will replace 650 existing Reuter Quotation
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