PSA's Planned Treasuries Price Feed To Be Managed By ADP

THIS WEEK'S LEAD STORIES

Pressing on with its plans to make U.S. Treasuries prices more broadly available, the Public Securities Association has selected the Brokerage Information Services Group of Automatic Data Processing Inc. as facilities manager for its proposed government bond pricing service. ADP's role will be to "consolidate the data feeds of participating interdealer brokers and perform other technical functions," according to the PSA.

The PSA says the service will be available by early 1991. Earlier this

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