ICAP selects Moneyline Telerate to Provide Core Technology and Market Data

NEW YORK and LONDON, February 23, 2004 – Moneyline Telerate, a leading global provider of real-time information and transaction services, today announced that ICAP plc, the world’s largest voice and electronic interdealer broker, 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.

Lance Fisher, Deputy Global CIO of ICAP, commented, "TRS provides a robust, reliable, and truly open platform environment which, when allied to the Moneyline Connect toolkit and APIs, results in a state of the art and cost effective enterprise wide solution for data distribution and management."

Doug Jeffrey, Senior VP and MD of Moneyline Telerate, EMEA said, "We are extremely pleased to provide ICAP with such an integral part of their technology infrastructure. 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 technologies and provide them with the most flexible and essential data services in the industry."

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