Tradition Creates Data Business

FRONT PAGE: ORGANIZATION & STRATEGY

Swiss interdealer broker Tradition is creating a business unit dedicated to commercially leveraging its in-house data, in a bid to compete with rival brokers, officials tell Inside Market Data.

It is this plan that saw Tradition lure John Barber away from his role as head of the global information and data services division at rival Icap (IMD, March 1) and hire Dane Thacker, a former Moneyline Telerate European sales head, as sales and marketing manager for market data services (see Herd, pag

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