Telerate-Intex Alliance Give PMT Run For Its Money
THIS WEEK'S LEAD STORIES
INTEX Holdings Ltd. and Telerate Inc. have formalized their budding relationship by signing a letter of intent to jointly offer automated trading systems to exchanges and their members.
The alliance will combine INTEX's software, processing capability and electronic trading expertise with Telerate's worldwide communications network and its 66,000 terminals.
The joint venture between Telerate and INTEX is a competitive response to Post (Pre) Market Trade, the after-hours electronic trading system
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