Printer Friendly

CITICORP AND BLOOMBERG ANNOUNCE AGREEMENT

 NEW YORK, March 17 /PRNewswire/ -- Citicorp and Bloomberg Financial Markets today announced an agreement to provide CrossMar's (a subsidiary of Citicorp) multi-contributor foreign exchange and deposit rates to Bloomberg customers.
 Under the terms of the agreement, CrossMar will provide a real-time multi-contributor digital feed of foreign exchange and deposit rates to all subscribers to THE BLOOMBERG terminal. The digital feed will allow Bloomberg customers to use CrossMar's rates as part of THE BLOOMBERG's charting and analytic capabilities. CrossMar's real-time foreign exchange feed with contributions from all trading zones, provides twenty-four hour market coverage of major, secondary and exotic currencies, thus serving Bloomberg L.P.'s extensive international customer base.
 According to Michael Bloomberg, the founder of Bloomberg Financial Markets, global coverage, breath of currencies covered and frequency of updates are some of the key reasons Bloomberg chose to provide CrossMar's feed over THE BLOOMBERG. "We are very pleased with this addition to our product line," said Bloomberg. The product will be introduced on THE BLOOMBERG March 17, 1993.
 Bloomberg Financial Markets provide global, around-the-clock, 7-day- a-week financial information, securities analytics, and business news to a proprietary
terminal known as THE BLOOMBERG. Over 23,000 BLOOMBERG terminals are located at corporations, financial intermediaries and institutional investors in virtually every country with a significant capital markets activity.
 CrossMar, a subsidiary of Citicorp, is a leader in developing and delivering innovative information, trading and settlement products for corporate measures and financial institutions worldwide. The company delivers digital feed information in an elementized and page-based format on foreign exchange, futures and options, and money market and fixed income instruments from exchanges, major money center banks and brokers around the world. CrossMar's feeds are also used to provide information to vendors and end-users including Citibank's trading floors worldwide.
 -0- 3/17/93 R
 /CONTACT: Jo-Ann R. Daddio of Citicorp, 212-657-7988/
 (CCI)


CO: Citicorp ST: New York IN: FIN SU:

17:02 -- NY084R -- 7384 03/18/93 10:24 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 18, 1993
Words:324
Previous Article:CENTURY 21 GIVES $5 MILLION TO EASTER SEALS DURING TELETHON
Next Article:MILACRON TO MOVE PRODUCTION OF BLOWN AND CAST PLASTIC FILM SYSTEMS TO CINCINNATI
Topics:


Related Articles
CITICORP AWARDS CONTRACT TO MCI AS PRIMARY U.S. DOMESTIC LONG DISTANCE VOICE CARRIER
CITICORP AWARDS MCI $250 MILLION AGREEMENT TO PROVIDE TELECOMMUNICATIONS SERVICES; MCI'S LARGEST COMMERCIAL AGREEMENT
BANCOMER AND CITICORP REACH EXCLUSIVE TRAVELERS CHEQUE AGREEMENT
CITICORP SELLS CERTAIN QUOTRON ASSETS TO AUTOMATIC DATA PROCESSING
CITICORP AGREES TO SELL I/B/E/S TO BARRA, INC.
CITICORP AND BLOOMBERG ANNOUNCE AGREEMENT
CITIBANK AND LOCKHEED UNITS JOIN FORCES TO PROVIDE ELECTRONIC BENEFIT TRANSFER SERVICES
Bloomberg Television Signs Carriage Agreement with Tele-Communications, Inc.
DCR Withdraws Ratings for Commercial Credit Co.
Tadawul, Bloomberg Finance sign new deal.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters