Moneyline Telerate has struck exclusive deals with BrokerTec Global and TradeWeb to distribute fixed income pricing data to Bridge and Telerate screens worldwide.
BrokerTec's real-time US treasury and agency pricing data will be exclusively available on Telerate's page 500 to 50,000 users around the world by mid-next week. Under the seperate agreement with TradeWeb, Moneyline Telerate will provide data for US treasuries and US agency debt.
The deal concludes extensive negotiations that were initiated in June of this year, following the curtailment of Telerate's 20-year deal to distribute data from Cantor Fitzgerald.
Terms of the agreement were not disclosed, but it is understood that Cantor Fitzgerald generated some $50 million annual revenues from selling data via Telerate. The inter-dealer broker is currently negotiating a series of non-exclusive price distribution contracts with other market data vendors, including Telerate.