Prebon Data Project Under Threat


Prebon Yamane's plan to cut the cost of delivering market data to its internal broker desks is likely to be scrapped by new owner Collins Stewart Tullett.

The project, which is already underway, uses a mix of new infrastructure and display software to distribute data to Prebon's brokers.

Prebon currently uses Telerate screens and Telerate's TRS data distribution platform as well as the legacy Open Trading System data distribution system and green screen terminals, which Prebon has supported i

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