Customer Transition Will Have Positive Impact on Hyperfeed’s PC Quote

EARNINGS REPORT

NEW YORK--Brokerage firm AB Watley will redistribute and integrate Hyperfeed’s datafeed into its own proprietary display application rather than redistribute using PCQuote.com’s private-label third-party software.

Once the transition is completed, Hyperfeed will no longer pay royalty fees for the third-party software or the exchange fees on the AB Watley business. The shift will result in a decrease in total revenue from the customer, but because royalty payments and exchange fee payments dis

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