Waiting for a Dream Deferred

BEFORE THE SPIN

Among firms, one of the reasons gaining currency for not moving to the Reuters Market Data System (RMDS) is the assertion that users should wait until a reliable, secure and fast Web-based alternative emerges. For the moment, this is a dream deferred.

First, there’s the "reliable, secure and fast" part. While there are options becoming available, the quality of service that trading rooms demand will not be available via the Internet for some time, if ever. The Web is turning out to be fine for

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