Telerate, Intex Team Up To Answer London FOX RFP

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Telerate Inc. and INTEX, the Bermuda-based automated futures exchange, have joined together to answer the London FOX's RFP to upgrade its automated trading and price reporting systems.

There is currently no formal agreement between Telerate and INTEX, says INTEX President Tom McKiernan, but there is an understanding that "we'd like to work together."

Since joining INTEX late last year, McKiernan has made no secret of his desire for other exchanges to use INTEX's network for executing and

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