HSBC Takes Hosted TRS Service

TRADING FLOOR TECHNOLOGIES

LONDON—Telerate will reveal this week a major deal with HSBC that will include the firm's embrace of a hosted market data infrastructure, say Telerate officials.

The announcement comes amid news that Reuters is in talks to buy Telerate (DWT, May 31).

In what Telerate officials are describing as a vindication of its technology products, the vendor is supplying a hosted data distribution infrastructure to provide market data from equity exchanges, analytic tools for comparing stocks, and some

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