BGC Sues Tullett Over ‘Stolen' Bond Data

Interdealer broker BGC Capital Markets is suing rival Tullett Prebon, claiming that Tullett illegally accessed its US Treasuries market data to support its own swaps broking activities, in breach of an agreement between the two.
BGC filed the lawsuit in New York's Supreme Court last week, seeking "hundreds of millions of dollars" from Tullett-which BGC claims profited by unauthorized use of the data, to the detriment of BGC's own broking business-along with legal costs and punitive damages.
The l

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: