Cantor Fitz/MDC And Reuters Locked In Contract Dispute


Cantor Fitzgerald L.P. and its Market Data Corp. information arm are embroiled in a contract dispute initiated by Reuters. The dispute involves a contract for Cantor's non-U.S. Treasury data signed almost three years ago. The market data vendor has claimed to have determined that Cantor/MDC isn't supplying all of the data that Reuters has paid for.

Reuters' claims and Cantor/MDC's counterclaims haven't made it into the courts, however. Instead, the matter is being turned over to arbitrators.

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