Extel
Parent Thomson Reuters | | |
Website | extelsurveys |
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The Exchange Telegraph Co. Ltd. (also known as Extel) was created in March 1872 specifically to distribute financial and business information from the London Stock Exchange and other commercial markets direct to subscribers. The company established ticker tape telegraph machines in offices, gentlemen's clubs, banks etc. and provided a continuous stream of commercial information to them.
It introduced a parliamentary service in 1876, a general news service in 1879 and a legal service in 1891. The business was so successful that by 1906 they had opened ten other branches outside London.
The company continued to grow and improve, becoming increasingly more efficient. It added a faster financial service in 1907 and began operating a worldwide news service in 1913, with a separate sports service included in the 1930s.
Over the course of its history, Extel (the name coming into common use for the company in the 1950s) grew into one of the leading
Recent history
Extel was acquired by
See also
- Digital Microsystems Ltd.(DML)
References
- ^ "What's New". Thomson Research.
- ^ "History of United Business Media plc". FundingUniverse.
- ^ Ipsen, Erik (13 February 1992). "AFP and Financial Wires Encroach on Original Market : Reuters News: Clients Defect". The New York Times.
- ^ "Pearson to acquire Extel Financial". telecompaper.com.
- ^ "Retail-Trade". All Business. Retrieved 22 June 2012.
- ^ "Thomson Financial acquires AFX". Information World Review. 10 July 2006. Archived from the original on 5 November 2012.
- ^ Wearden, Graeme; Allen, Katie (15 May 2007). "Reuters agrees to Thomson merger". The Guardian.
- "Selling the Telegraph". Connected Earth. Archived from the original on 7 August 2008.
- "The Extel Story". extelsurveys.com. Archived from the original on 7 August 2016. Retrieved 7 February 2017.