Tullett & Tokyo To Beta Test FX Forwards This Week

TECHNOLOGY

LONDON--Tullett & Tokyo Liberty, the global inter-dealer brokerage, is to begin beta testing its electronic trading system for FX forwards on January 11 in 10 financial institutions.

A final commercial launch date for the system, entitled Fast Forwards, is expected by February 1 at the latest and Tullett reports that it already has orders for hundreds of terminals.

John Lowe, director of international sales at Tullett, says: "Three weeks' beta testing should be more than enough--in fact we

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