Tullett Prebon bets on OTC broking with Icap buy

Combined hybrid broking business will be world's largest

merger-jigsaw

Tullett Prebon has agreed to acquire rival broker Icap's global hybrid voice-broking and information business (IGBB), saying the future of over-the-counter interdealer brokers is secure despite the current challenges and ongoing consolidation trend in the sector.

The deal, which includes Icap's associated technology and broking platforms such as iSwap and Fusion, comes amid declining volumes in the wider voice-broking world. In foreign exchange, Tullett Prebon will benefit from IGBB's strong

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: