Tullett Prebon, GMEX Group to Develop Hybrid FX Options Platform

Tullett Prebon has partnered with technology provider GMEX
Group to develop a hybrid voice and electronic trading platform for FX options.

The new trading solution will enhance Tullett Prebon’s
offering to its clients, integrating GMEX’s request for quote (RFQ) technology
with Tullett Prebon’s existing central limit order book (CLOB) capability, the
companies say in a joint statement.

GMEX Technologies will provide its trading system and market
surveillance solutions.

The new platform “will help Tullett Prebon meet the business
challenges of the new regulatory landscape through fintech innovation by
ensuring voice and electronic operations work seamlessly together”, says Hirander
Misra, CEO of GMEX Group.

beatrice@profit-loss.com

Twitter@Profit_and_Loss

Beatrice Bedeschi

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