IMD Interview: Reuters' Buford Smith Talks About SDS3

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Reuters Holdings PLC announced SDS3 in 1989. The Ku-band satellite data delivery system -- part of Reuters' Integrated Data Network -- was slated to carry Reuters' entire database of securities.

The system was seen as a stepping stone into the then- attractive North American retail brokerage market. Indeed, Reuters announced a number of retail-oriented products that were to be supported by SDS3 but that never made it to market. SDS3 has since been focused on overseas markets with lower-qualit

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