Lehman Signs Three-Year Agreement for Reuters Products

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NEW YORK--Lehman Brothers has signed a three-year multi-million-dollar agreement for the supply of Reuters’ TIB/Active Enterprise middleware application to all its trading rooms and for 1,500 positions of the Reuters 3000 Xtra market data delivery product.

Although Lehman was unable to comment at press time, it is thought that these products are to be used alongside the bank’s existing proprietary architecture and will not replace any of these in-house products.

Reuters was not prepared to

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