Thursday, March 27, 2008

Tullett Prebon Signs on to Derivatives Platform

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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