INTEX Charges Telerate With "Bad Faith" As Telerate Calls Off Order-Routing Venture

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Intex Holdings (Bermuda) Ltd. will seek a civil court injunction against Telerate Systems Inc. that would preclude Telerate from contacting customers of their joint order-routing system until a dispute over the joint-venture agreement has been settled. Intex last week petitioned the American Arbitration Association (AAA) for a hearing, charging Telerate with bad faith and willful disregard of their agreement.

"They've decided to go to arbitration; they're talking about an injunction to keep us

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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