Telerate Kills FutureSource Deal

ORGANIZATION & STRATEGY

Telerate has canceled its sales agreement with data provider FutureSource, the company announced last week. The decision is effective immediately.

FutureSource had been Telerate's exclusive sales agent in the US and UK energy and commodities markets since before Moneyline acquired Telerate in 2001, according to Mary Ivaliotis, senior vice-president at Telerate. The agreement covered all products except for the TRS data distribution platform and TelerateMobile, a data service for mobile device

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