Tullet & Tokyo Ready To Beta Test Fast Forwards For FX Transactions
TRANSACTION SYSTEMS
LONDON--Tullet & Tokyo, a London-based interdealer broker, was to begin beta testing its electronic trading system for FX forwards on January 11 in 10 unnamed financial institutions.
A final commercial launch date for the system, entitled Fast Forwards, is expected by February 1 and Tullet reports that it already has orders for hundreds of terminals.
John Lowe, director of international sales at Tullet, says: "Three weeks beta testing should be more than enough--in fact, we could probably get away
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