Telerate, Intex Formalize Pact To Develop Trading Products

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Telerate Inc. has signed a five-year agreement with Intex Holdings Ltd. to jointly develop, market and distribute automated trading systems. The move formalizes a relationship begun in 1988 and underscores Telerate's eagerness to get its transactional services operations on the road.

The accord, which includes a five-year renewal option, brings Intex's order-routing and automated trading software for futures markets alongside Telerate's global network. Recently the companies succeeded in winning

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