Fulton Eyes Multi-Broker Screen Network Brokers To Strike Back At Trading Systems?

BROKERS

In an effort to strike back at the automated trading systems that have begun to encroach on the territory of the foreign exchange brokerage community, Fulton Prebon (USA) Inc. says it may add rates from other brokers to composite pages of its own quotes that it plans to distribute via its private network.

Speaking at the annual meeting of the Association Cambiste Internationale (ACI) in Copenhagen last month, president Adrian Miles of Fulton Prebon's Canadian operation based in Toronto, said the

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