Tullett & Tokyo Upgrades Broker Information System
TECHNOLOGY
Tullett & Tokyo Forex International Co. is upgrading its information systems on a worldwide basis to give its brokers access to digital data services and microcomputer-based analytic applications. Tullett's new system is already installed at some 30 positions in its New York and London offices, and will eventually encompass some 400 to 500 broker workstations at Tullett locations in Sydney, Brussels, Hong Kong, Tokyo and Bahrain.
The new system gives Tullett brokers access to the tools they need
More on Wholesale
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
Debelle: last look will not be banned
GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
Spotex expands institutional offering with JP Morgan and NatWest
The banks’ prime brokerage desks seek diverse liquidity pools that could lead to better execution for their algos
MUFG eyes financial institutions, pension funds in expansion
Japanese bank wants to build a broader client base beyond corporates
Record builds synthetic FXPB offering
Specialist currency manager will use tri-party model to move securities collateral between banks
Electronic trading differentiates dealers competing for market share
Technology and business scope keep JP Morgan and Citi at the top, but selectivity has some dealers gaining momentum
