Tough Times In '97 For Market Leaders, Despite Bull Market

VENDOR STRATEGIES

NEW YORK--With Dow Jones Markets distracted by its own problems, the raging bull market of 1997 was left for the three other Big Four vendors to exploit. Nevertheless, they by no means had an easy time in the increasingly competitive trading and investment segments of the market data business.

Conditions in these segments of the market were driven by the arrival of Bridge Information Systems as a global provider, the continuing expansion of Bloomberg, and Reuters' battle to diversify beyond t

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