Reuters Direct Feed Advances, But No Launch Date Set

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Reuters has signed up more firms to pilot test its new direct exchange feed offering, but officials still decline to provide a precise timetable for a formal launch of the service.

Officials say the feed is now being tested by five un-named investment banks and hedge funds—up from the three that were announced at its preliminary financial results in February (IMD, Feb. 21).

However, while the project has been in development for around a year, they decline to specify any timeframes for the

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