'Project Hazelnut' Cracked: EBS, the New FX Data Vendor

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LONDON--EBS, a consortium-backed interbank broking service, has been working with information management technology and consulting company Cicada Corp. to build a foreign exchange market data product dubbed Project Hazelnut, sources involved in the project confirm.

Other vendors are also involved in the project, these sources say, including connectivity and data publishing company Logicscope. Cicada and Logiscope decline to comment for this article, but data distribution software provider Caplin

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