Fidelity Brokerage Tests Quote System For Its Customers

DATA CONSUMERS

Fidelity Brokerage, the broker/dealer unit of Fidelity Investments, is testing a workstation-based system that it will use to deliver real-time market data and transactional services to customers.

The project is a joint effort of Fidelity Brokerage and Fidelity's technology unit. Thus far, only correspondent customers of Fidelity Brokerage's correspondent division are testing the quote system. It's unclear whether Fidelity will offer the system to a wider group of prospective users, such as b