Moneyline Telerate sparks FX data row

TECHNOLOGY NEWS

NEW YORK -- London-based information services firm Moneyline Telerate sparked a furore in the market data industry last week, replacing swaps data from inter-dealer broker Tullett & Tokyo Liberty with data from rival Icap.

"Icap is the best source for swaps data. There’s no other reason," said Bill Walsh, senior vice-president of marketing at Moneyline Telerate.

The surprise move riled the management of Tullett Financial Information (TFI), which sells Tullett & Tokyo Liberty’s data. David Muk