Reuters To Drop Charges For Data Contribution, Following Competitors' Lead

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Reuters plans to drop some of the fees it charges banks and other financial institutions for contributing data to its market information services. The move brings Reuters' data contribution charging policy officially in line with those of its competitors, all of whom charge little or nothing to contributors of data to base services.

"We are waiving certain charges to improve the quality and breadth of contributed data in Reuters services," said Reuters' chief executive Peter Job two weeks ag

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