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ADP Set For 2Q96 Asian Launch Of Low-Cost Digital Data Feed

MARKET DATA

Automatic Data Processing (ADP) is preparing to launch a new datafeed product that it hopes will allow it to attack the secondary feed market where users are looking for some back-up and alternative to Reuters. Hitherto, the company has only supplied terminal-based information services such as its Global Partner product.

ADP's new data feed, called Powerfeed, provides equities, futures, options, commodities and foreign exchange data, as well as some fixed-income prices. Powerfeed will be

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