Lehman Ponders Internet-Based Market Data Service

INTERNET WATCH

Lehman Brothers is evaluating Cash Markets Group's NY Quotes--a real-time, Internet-delivered market data service--alongside offerings from Reuters and Dow Jones Telerate for its fixed-income and foreign exchange trading, sales and support operations. Lehman is evaluating the Telnet version of NY Quotes.

While a Lehman spokesperson declines to comment, according to a source at Lehman, the market data group has compared the Internet-delivered NY Quotes against services from Reuters and Telerat

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