FBI, Sweden's OM In Talks To Build Market Data Pipe


Interdealer broker Fundamental Brokers Inc. (FBI) late last month signed a letter of intent with Stockholm-based OM Group Ltd. to capture and distribute a digital price feed of FBI's Treasury data. Sources close to the deal say FBI and OM, a Swedish technology vendor, continue to discuss a joint venture to build a data distribution and automated order- matching facility for use by primary dealers, and, ultimately, non-primary dealers.

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