20 February 2018
visit www.nextgenbanking.co.uk/

One Equity Partners releases $125 million funding to Moneyline Telerate

30 April 2003  |  8104 views  |  0 New York skyscrapers

Moneyline Telerate has secured a $125 million financing round from One Equity Partners to expand its business and complete the development of its new ticker plant.

One Equity Partners, the New York-based private equity arm of Bank One Corporation, is the majority shareholder in MoneyLine Telerate. Dick Cashin, One Equity managing director, says the firm is encouraged by the amount of client business being closed by MoneyLine Telerate and the positive market response to the new WebStation and Active8 products.

David Walsh, CEO of Moneyline Telerate, adds: "We increased market share globally in 2002 and anticipate significant revenue growth this year...We see great opportunity to increase our market share with new products and packages and by continuing to demonstrate the unique value of our data."

Other Moneyline Telerate shareholders include Japan's Quick Corp.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

FXall signs exclusive data distribution deal with Moneyline Telerate

FXall signs exclusive data distribution deal with Moneyline Telerate

24 March 2003  |  4472 views  |  0 comments
Moneyline and TradeWeb release GSE market data solution

Moneyline and TradeWeb release GSE market data solution

06 March 2003  |  3180 views  |  0 comments
Moneyline Telerate extends GFI market data coverage

Moneyline Telerate extends GFI market data coverage

04 March 2003  |  3169 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comVisit http://info.nice.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11671 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9282 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9118 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7766 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7190 views comments | 19 tweets | 18 linkedin

Featured job

Competitive
Hong Kong, Asia-Pacific

Find your next job