Inter-dealer broker joins T-Zero
Confirming recent predictions that sell- and buy-side firms will escalate their spending on derivatives processing, London-based Tullett Prebon, a voice and electronic inter-dealer broker in the global derivatives market, agreed today to use T-Zero's platform for post-trade straight-through processing of derivatives.
Tullett Prebon is the third inter-dealer broker to join the T-Zero platform, which provides capture, affirmation, allocation, novation and termination of trades to inter-dealer brokers, buy-side firms, prime brokers and service providers.
By Penny Crosman
Source URL: http://www.wallstreetandtech.com/showArticle.jhtml?articleID=206904996
Publish date: March 20, 2008
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