Search Results for: Tullett Prebon
Interdealer Broker ordered to Pay $13 million
September 17th, 2019
The U.S. Commodity Futures Trading Commission (CFTC) issued two orders filing and settling charges against Tullett Prebon Americas Inc., an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey. The combined orders require Tullett to pay a total of $13 ...
Investors Alert: Beware of unauthorised financial services firms
September 4th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued warnings to inform investors and public for “clone firms” and firms providing financial services without the required authorisation in ...
ICAP reports Profit before tax increased 78%
November 16th, 2016
ICAP, a leading markets operator and provider of post trade risk mitigation and information services, has issued a press release to publish its results for the six months ended 30 September 2016. Group highlights The transaction with Tullett Prebon ...
ICAP published its Trading Statement;Positive momentum from investment in new products
July 13th, 2016
Positive momentum from investment in new products EBS BrokerTec wins contract to deliver technology to CFETS Transaction with Tullett Prebon on track to complete later this year ICAP plc (IAP.L), a leading markets operator and provider of post trade ...
ICAP Announces Bondholder Consent For Disposal
March 30th, 2016
ICAP plc (“ICAP”) and ICAP Group Holdings plc (together with ICAP, the “Issuers”) have successfully obtained consent to amend certain terms and conditions in respect of the proposed disposal of ICAP’s global hybrid voice-broking and information business to Tullett ...
ICAP plc – Trading Statement
February 9th, 2016
Transaction with Tullett Prebon on track Solid growth in the Post Trade division Continued investment in new product initiatives Market conditions remain challenging ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information ...
How Six Brokers Walked Free After Unraveling of U.K. Libor Case
February 9th, 2016
Witnesses fail to convince, jury acquits local defendants Loss in complex case seen a major setback for regulators The first signs of trouble for prosecutors came about three weeks into the trial. Their witness was a government investigator called ...
Credit Suisse upgrades interdealer broker ICAP
January 28th, 2016
Credit Suisse upgraded interdealer broker ICAP to ‘outperform’ from ‘neutral’ saying deal synergies and the stock’s re-rating potential appeared to be undervalued. In November, ICAP announced plans to sell its global broking division to Tullett Prebon. The enlarged group ...
Convict Libor brokers only if they played ‘significant’ role, UK jury told
January 22nd, 2016
Jurors in Britain’s second Libor trial were instructed on Thursday not to convict the six former brokers in the dock unless evidence showed they played a “significant” part in an alleged plot to help convicted trader Tom Hayes rig ...
Six former brokers acted as ‘well-oiled machine’, Libor trial hears
January 14th, 2016
Defendants conspired with convicted trader Tom Hayes to manipulate inter-bank lending rate, prosecution tells court Six former brokers acted as a “well-oiled machine” to assist convicted trader Tom Hayes to rig Libor interest rates, a court has heard. Summing ...
