Dearie to Revamp TPI Feed Business

Tullet Prebon Information, the data sales arm of interdealer broker Collins Stewart Tullett, has hired Chris Dearie, formerly head of global exchange strategy at Reuters, in the new role of head of direct feeds, to lead an expansion of its OTC market data feed business.

The hire marks a new direction for the broker's feed business away from what "was a largely tactical offering" towards a more "strategic product" that will address increasing interest in direct feeds of real-time OTC pricing d