The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Tullett Prebon. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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Interdealer broker TP ICAP (LON:TCAP) has agreed a £270 million bulk annuity for its defined benefit pension scheme with Rothesay Life. Both TP ICAP and the Trustees of the Tullett Prebon Pension Scheme have moved to protect the retirement income of its members. A bulk annuity is an insurance policy through which a pension scheme…
Read moreTullett Prebon announces that it is establishing a new technology centre in Belfast, Northern Ireland which will serve as a global hub for the Group’s IT operations. Investment in technology is a key pillar of Tullett Prebon’s strategy. The new Belfast centre will provide development and technical support for the Group’s global business. It will…
Read moreTullett Prebon, one of the world’s leading interdealer brokers announced that it has entered into an agreement to acquire Creditex’s US hybrid voice broking business from Intercontinental Exchange Inc (NYSE: ICE). The market-leading team of 14 brokers, located in New York, provides clients with hybrid voice broking and trading services for credit derivatives. The brokers…
Read moreOnline brokerage leader IG Group Holdings plc (LON:IGG) has filled the hole in its management ranks, created earlier this year when its longtime CFO Christopher Hill left the company to become CFO of investments and pension savings provider Hargreaves Lansdown PLC (LON:HL). Following Mr. Hill's departure IG had hired Deloitte partner (and head of Deloitte's Investment Management…
Read moreTullett Prebon has announced that it become the first firm to successfully send a Swap Execution Facility (SEF) trade for clearing at the Japan Securities Clearing Corporation (JSCC). The trade was executed via tpSEF's hybrid trading platform. Last year, the JSCC obtained an exemption from the Commodity Futures Trading Commission (CFTC) from registration as a…
Read moreThe UK Serious Fraud Office (SFO) today provided an update regarding its criminal investigation into the manipulation of LIBOR. A jury at Southwark Crown Court today found five individuals not guilty of conspiracy to defraud via the alleged manipulation of LIBOR. Colin John Goodman, Danny Martin Wilkinson, Terry John Farr, James Andrew Gilmour and Noel…
Read moreOpenFin, the New York and London based fast-growing financial technology provider, today announced that for the first time it is open-sourcing its market-leading HTML5 container technology for financial desktops. The development aims to promote further community collaboration as OpenFin is being used by over 20 of the world's leading banks, buy-side firms and trading platforms. OpenFin…
Read moreSometimes it is best to let a company's official statement do the talking. And here is one of those times. From our perspective, it confirms our earlier reports, from back in September, that Tullet Prebon’s new CEO was going to push further into electronic trading. One more note.... The market clearly sees this as something positive,…
Read moreStudents electing to conduct research into aspects of the OTC markets will have access to proprietary Tullett Prebon Information (TPI) data. TPI's data includes a wide range of OTC money market, foreign exchange, fixed income and derivative pricing from the global financial markets.
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