LOOSE CHANGE

LOOSE CHANGE

Knight-Ridder plans an all-out attack on the foreign exchange market, where it wants to displace Telerate as the number-two market data, news and analysis provider, says European sales director Peter Harrison. He says Knight-Ridder hopes to offer more open systems architecture plus quality news and third-party technical analysis products--priced at some 30 to 50 percent below the cost of Telerate. Harrison says the company wants its service to become the "obvious backup" to Reuters in foreig

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