Tullett Prebon fined £15.4 million for broker conduct failures
The rates division at Tullett Prebon engaged in improper trading with lax controls and systems in place to monitor broker conduct.
The rates division at Tullett Prebon engaged in improper trading with lax controls and systems in place to monitor broker conduct.
TP ICAP will move its Tullett Prebon and ICAP Global Broking Business under one roof at 135 Bishopsgate, Broadgate.
Data sets for derivatives linked to SOFR will support trading and risk modelling as volumes are expected to rise.
Goldman Sachs is among seven major derivatives dealers to use MarkitSERV services to process SOFR transactions.
Interdealer broker revises cost saving target from £100 million to £75 million by end of 2019.
Former UBS, ICAP and Deutsche Bank veteran joins OpenFin as non-executive board director.
Consortium aims to establish universal connectivity standards for industry desktop applications.