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If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the moneyline is negative, 100 is divided by the absolute moneyline amount (the minus signed is removed), and then 1 is added. For example, −400 moneyline is 100/400 + 1, or 1.25, in decimal odds.
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However, Dow Jones lost focus and the business was eventually consigned to the backwater of the business. It was sold a number of times and renamed Bridge Telerate and later Moneyline Telerate. Reuters eventually bought the remains of Telerate in 2005. This saw the end of the company as Reuters absorbed the business into its own market data unit.
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