Tullett Prebon Denies BGC Data Theft Allegations

Interdealer broker Tullett Prebon has responded to rival BGC's lawsuit alleging that Tullett illegally accessed its US Treasury data, in a court filing stating that "Tullett has not now - nor has it ever - stolen the BGC-supplied information (or any other information from BGC)."

Tullett's filing claims that BGC's complaint - specifically, that Tullett provided its brokers with BGC data intended only for use in a joint-branded page of swaps data - is "demonstrably false," since Tullett had a lega