ICAP selects Moneyline Telerate’s TRS

ICAP plc, has selected Moneyline Telerate’s TRS, the market data distribution platform, and associated APIs along with the company’s Active8 premium desktop for 700 positions in London. Following an extensive open tender, ICAP has selected Moneyline Telerate’s products and services for installation at their new Broadgate location in London in time for its opening in May 2004. TRS will initially be deployed in the front office to support 700 broking positions. Subsequent initiatives will see the deployment of the Moneyline Connect toolkit and API for distribution of market data and other services to users outside of the trading room.Doug Jeffrey, Senior VP and MD of Moneyline Telerate, EMEA said, “We firmly believe that products such as TRS and Active8, in combination with our benchmark content, can be used by customers to significantly reduce the cost of ownership burden that is associated with market data distribution and display...continued

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