Swift to Broaden Data on Network

FRONT PAGE: DELIVERY TECHNOLOGIES

Interbank payments utility Swift will next month broaden the type of market data that can be distributed over its SwiftNet network. The move is designed to help users increase straight-through processing and cut down on the duplication of costs and services.

Between July and December Swift will offer an early adopter scheme to allow data vendors to distribute reference data, intra-day and closing prices, trade volume information, index data, new issue and prospectus documents and shareholder

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