Garban Selects BTRS; Active1 May Replace RTW, Bloomberg

DELIVERY TECHNOLOGIES

LONDON--Interdealer broker Garban, which recently merged with London-based Intercapital (Icap), is replacing its Open Trading System (OTS) digital data distribution platform from BT with the Bridge Trading Room System (BTRS) platform. The deal, estimated at up to 1,000 positions, may result in losses for incumbent terminal products from Reuters and Bloomberg.

Along with the BTRS platforms, sources say that Bridge's Active1 desktop data display system is also being evaluated, although these s

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