Dean Witter's 10,000 Terminals Put ILX On The Map At Lowest Data Costs Yet

THIS WEEK'S LEAD STORIES

Dean Witter Reynolds Inc. raised eyebrows two weeks ago when it chose Thomson Financial Services Inc.'s ILX Systems Inc. to provide market data services to its 10,000 retail brokers. Spurning incumbent vendors Quotron and ADP, the firm made a 7-1/2-year commitment worth some $6 million annually to underdog ILX, nearly tripling the smaller vendor's number of users.

When all is done, Dean Witter stands to reduce its market data bill with ILX to some $50 per terminal per month, excluding commun

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: