New CBOE Interest Rate Options To Bear Telerate Name, Use Telerate Contributed Data To Set Cash Settlement Price

THIS MONTH'S LEAD STORIES

Telerate, Inc. has put its prestige on the line by allowing its name to be attached to two new options contracts proposed by the Chicago Board Options Exchange. The two interest rate contracts are among the very few based upon proprietary contributed data collected by a quote vendor rather than publicly-available data on exchange-traded issues.

While other financial information vendors -- notably Standard and Poor's -- have had their names attached to trading vehicles, the Telerate Short-Term

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