Reuters Lures TRS Users to RMDS
FRONT PAGE: TRADING FLOOR TECHNOLOGIES
LONDON—Reuters is strongly urging that customers of the former Telerate's Trading Room System (TRS) market data distribution platform move to the Reuters Market Data System (RMDS) distribution backbone.
Officials at Reuters confirm that they have begun pushing for an exodus from the TRS platform—now part of the Reuters suite of offerings through acquisition. The news came at Reuters' Enterprise Strategy event in London last week. Reuters acquired Telerate in 2004 (DWT, May 31 and Dec. 20, 2004).
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