Sweden's Banks And Brokers Support Creation Of An Alternative To Reuters

THIS MONTH'S LEAD STORIES

Sweden's central bank and a group of Swedish securities dealers have established a financial information supplier to collect and distribute Swedish money market information in competition with Reuters Holdings PLC. The Riksbank and the Swedish Securities Dealers Association are attempting to seize control of their data through Peningmarknodsinformation or PMI. Many of the major players in Swedish money markets are dissatisfied with Reuters' control of the collection and distribution of their

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