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Reuters, Telerate Mum on TRS’ Future

FRONT PAGE NEWS

LONDON—User firms may not know until the middle of next year what Reuters plans to do with the Trading Room System (TRS) market data distribution platform that it will get as a result of the much-anticipated acquisition of Telerate, announced last month.

DWT reported on the acquisition in May and the imminent announcement of the sale, which occurred Dec. 20 (DWT, May 31 and Dec. 20, 2004). TRS is a rival to the next-generation Reuters Market Data System (RMDS) platform, and with the acquisition

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