Icap Picks Moneyline TRS Over RMDS

FRONT PAGE: TRADING FLOOR TECHNOLOGIES

LONDON--Moneyline Telerate has extended a deal to supply its TRS (Trading Room System) market data distribution platform to Icap when the London-based interdealer broker moves to a new trading floor later this year, beating out rival Reuters.

The deal will supply Icap in London with a new version of the TRS platform to support 700 positions, along with Moneyline’s Active8 data front-end, replacing positions of legacy Moneyline offerings Active1 and the Telerate Workstation.

Although Moneyline was

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