JPMC May Join the RMDS Club
RMDS SPECIAL REPORT
NEW YORK--JP MorganChase (JPMC) joins the list of major trading firms leaning toward an implementation of the Reuters Market Data System (RMDS), TTW has learned.
Reuters has convinced UBS Warburg, Deutsche Bank, Abbey National, Lehman Brothers, Natexis Bleichroeder and Banco Santander to either deploy or explore RMDS implementations, according to industry sources (TTW, March 17). Reuters officials say that 80 firms have embraced RMDS since its introduction in February 2001 (TTW, April 7).
But, in
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