Tullett & Tokyo Builds Facility To Collect, Adapt FX Data

BROKERS

Tullett & Tokyo Forex International Co. has installed a new system for collecting, consolidating and distributing its internal pricing data for use by its own brokers and for sale to market data vendors. The new system gives Tullett the means to create and sell its own pages of data more easily than before--a role the interdealer broker previously left to a variety of third-party market-data vendors.

The enhancements to Tullett's system have sparked talked that the firm plans to eliminate som