|
Telerate
Telerate was a US company providing financial data to market participants, specialising in commercial paper and bond prices. It was a pioneer in the electronic distribution of real-time market information in the 1970s. With its main innovation being to extend the technology that was used to obtain live stock prices, via Telequote, Quotron or Stockmaster to other sectors of the financial industry, such as corporate debt, currencies, interest rates and commodities. The company was founded by Neil Hirsch and it became a major provider of market data through the 1970s and 1980s. The company was bought by Dow Jones & Company in 1990 but the hedonistic lifestyle of its founders and senior manager clashed with the strait-laced culture of Dow Jones & Company causing issues within Dow Jones. Dow Jones' aim was to use Telerate to compete against market dominant Reuters. However, Dow Jones lost focus and the business was eventually consigned to the backwater of the business. It was sold a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telerate Olf Logo
Telerate was a US company providing financial data to market participants, specialising in commercial paper and bond prices. It was a pioneer in the electronic distribution of real-time market information in the 1970s. With its main innovation being to extend the technology that was used to obtain live stock prices, via Telequote, Quotron or Stockmaster to other sectors of the financial industry, such as corporate debt, currencies, interest rates and commodities. The company was founded by Neil Hirsch and it became a major provider of market data through the 1970s and 1980s. The company was bought by Dow Jones & Company in 1990 but the hedonistic lifestyle of its founders and senior manager clashed with the strait-laced culture of Dow Jones & Company causing issues within Dow Jones. Dow Jones' aim was to use Telerate to compete against market dominant Reuters. However, Dow Jones lost focus and the business was eventually consigned to the backwater of the business. It was sold a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neil Hirsch
Neil S. Hirsch (June 7, 1947 – June 24, 2021) was an American businessman and entrepreneur. In 1969, he founded Telerate, a global communications network. In addition, he was the owner of Loanet and the patron of the BlackWatch Polo Team. Early life Neil Samuel Hirsch was born on June 7, 1947 in St. Louis. His father, Harold Hirsch, was a New York-based executive for the Midwest department store chain P. N. Hirsch. Months after his birth, Hirsch's family moved to Rockville Centre, New York. Career At the age of 21, Hirsch dropped out of the University of Bridgeport and founded Telerate, a global communications network, where he served as president and chief executive.Leitzes, Adam & Joshua Sola"A Pioneer's Perspective" ''Forbes Magazine'', December 28, 2000.'Hamptons polo gets swankier', in ''The New York Post'', June 16, 201/ref> In 1990, the company was sold to Dow Jones & Company for over $1.5 billion. He later founded Loanet, a securities-tracking firm, and served as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quotron
Quotron was a Los Angeles-based company that in 1960 became the first financial data technology company to deliver stock market quotes to an electronic screen rather than on a printed ticker tape. The Quotron offered brokers and money managers up-to-the-minute prices and other information about securities. The Quotron was developed by Scantlin Electronics, owned by entrepreneur John Scantlin. Scantlin had earlier developed a quotation device that used magnetic tape instead of ticker tape. Quotron's first major competitor was Telerate, which was founded by Neil Hirsch in 1969 and later bought by Dow Jones in 1990. Citicorp bought Quotron in 1986. At the time Quotron was renting 100,000 terminals which equated to 60 percent of the 1986 market for financial data. Following the Citicorp acquisition, Quotron's largest client, brokerage house Merrill Lynch, decided not to renew their contract with Quotron. Merrill Lynch instead invested in a competing startup named Bloomberg. Most co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bridge Information Systems
Bridge Information Systems was a financial news and data provider that was acquired by Reuters Group in September 2001.(9 April 2001)Reuters eyes Bridge ''CNN Money'' History The origins of Bridge date to 1974, when the original company was founded in St. Louis by investment analysts through acquisition of a computer firm from Dean Witter & Co. Principal founder Charles A. Lebens thought that the development of new time-sensitive investments and financial industry deregulation would create a market for up-to-date financial information.Kipp, Kevin (May 2000)Informing Investors, ''St. Louis Commerce Magazine'' In March 1995, Bridge was acquired by private equity firm Welsh, Carson, Anderson & Stowe.(17 March 1995)BRIDGE INFORMATION SYSTEMS EXECUTES AGREEMENT FOR ACQUISITION BY WELSH, CARSON, ANDERSON & STOWE PRNewswire (press release) "Global Financial Information Corp." was the entity formed from Bridge and several other companies combined by Welsh, but the entire concern named ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IBM PC
The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Released on August 12, 1981, it was created by a team of engineers and designers directed by Don Estridge in Boca Raton, Florida. The machine was based on open architecture and third-party peripherals. Over time, expansion cards and software technology increased to support it. The PC had a substantial influence on the personal computer market. The specifications of the IBM PC became one of the most popular computer design standards in the world. The only significant competition it faced from a non-compatible platform throughout the 1980s was from the Apple Macintosh product line. The majority of modern personal computers are distant descendants of the IBM PC. History Prior to the 1980s, IBM had largely been known as a provider of business computer systems. As the 1980s opened, their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Data Vendors
A financial data vendor provides market data to financial firms, traders, and investors. The data distributed is collected from sources such as stock exchange feeds, brokers and dealer desks or regulatory filings (e.g. an SEC filing). History Financial data vendors have been in existence as long as financial data has been available. The first technology that allowed data vendors to disseminate was the ticker tape starting in the 1870s. Financial data includes "pre-trade" such as bid/ask data necessary to price a financial instrument and post-trade data such as the last trade price and other transaction data. From ticker tape to television cameras, from databases to websites this multibillion-dollar industry provides data to trading rooms and consumers. Paper ticker tape became obsolete in the 1960s, as television and computers were increasingly used to transmit financial information. The concept of the stock ticker lives on, however, in the scrolling electronic tickers seen on b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2005 Mergers And Acquisitions
5 (five) is a number, numeral and digit. It is the natural number, and cardinal number, following 4 and preceding 6, and is a prime number. It has attained significance throughout history in part because typical humans have five digits on each hand. In mathematics 5 is the third smallest prime number, and the second super-prime. It is the first safe prime, the first good prime, the first balanced prime, and the first of three known Wilson primes. Five is the second Fermat prime and the third Mersenne prime exponent, as well as the third Catalan number, and the third Sophie Germain prime. Notably, 5 is equal to the sum of the ''only'' consecutive primes, 2 + 3, and is the only number that is part of more than one pair of twin primes, (3, 5) and (5, 7). It is also a sexy prime with the fifth prime number and first Repunit#Decimal repunit primes, prime repunit, 11 (number), 11. Five is the third factorial prime, an alternating factorial, and an Eisenstein prime with no imagi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1990 Mergers And Acquisitions
Year 199 ( CXCIX) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Disestablished In 2005
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1969
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Disestablished In 2005
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 1969
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
