Fidelity Tokyo Rolls Out Open Bloomberg With The Help Of Logiscope Gateway
MARKET DATA DISTRIBUTION
TOKYO--Fidelity Investments is rolling out Open Bloomberg to 40 institutional traders and fund managers in its Tokyo-based Far Eastern funds group, which will greatly reduce its use of Reuters Selectfeed and the Reuter Terminal.
Interestingly, sources say cost was Fidelity's deciding factor in replacing the Reuters feeds with Open Bloomberg. "Fidelity expects to save a lot of money as a result of this," says one source.
SOFT DOLLAR DEAL
One of the reasons Fidelity may be saving money from the Open
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