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Tullet & Tokyo's Castlenet Spin-Off Offers Java-Based Analytical System

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Start-up software firm Castlenet is offering a browser-based analytical and market data distribution system scripted in Java, for derivatives and swaps traders, designed to run on intranets for purposes of speed and security.

Borrowing a term favored by forex traders at Tullet & Tokyo, Castlenet has dubbed the system "The Beast."

Castlenet, which is a spin-off of London-based Tullet, claims the Beast goes far beyond top-end market data distribution platforms and analytical packages in terms of the

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