SSB Negotiates with Moneyline
DATA CONSUMERS
Salomon Smith Barney's fixed-income group is in negotiations with Moneyline Telerate to replace its current per-seat agreement with a global site license, say sources familiar with the situation.
The agreement affects 1,800 positions globally in the fixed-income business, which includes the foreign exchange group.
Those users already receive Moneyline Telerate's data, says an executive at Salomon Smith Barney, but the bank is now considering signing the broader license with the vendor. The
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