Kidder To Use Reuters' Triarch To Save Telerate Data Costs
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Kidder Peabody & Co. is adding Reuters Holdings PLC's TRIARCH digital delivery system to a CIS video switch already installed on its fixed income trading floor to provide users with cheaper access to Telerate Inc. data services.
The move also represents the first step toward local area network architecture for the securities firm, which is currently planning to install a LAN-based trading system at new premises. In connection with its decision to move operations from offices at Hanover Square and
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