|By Marketwired .||
|September 20, 2013 10:58 AM EDT||
LONDON, UNITED KINGDOM and NEW YORK, NEW YORK and SINGAPORE, SINGAPORE -- (Marketwired) -- 09/20/13 -- Tullett Prebon, one of the world's leading interdealer brokers, has been voted Commodities Interdealer Broker of the Year by Derivatives Week in the 2013 Global Derivatives Awards. The award was announced at a gala dinner held last night in London.
Over the last year, Tullett Prebon has invested in the development of its commodities business globally to expand its market leading range of products and services and was ranked the number one broker in the 2013 Energy Risk Awards.
The Global Derivatives Survey is a comprehensive customer ranking of sell-side participants in the credit, equity, fx, interest rate and inflation derivatives markets. Participants in the survey provided ranking from 1-5 for each question and category, where 1=Poor and 5=Excellent.
Andrew Polydor, Global Head of Energy and Commodities at Tullett Prebon, commented:
"Following Tullett Prebon's success in the 2013 Energy Risk awards, winning Derivative Week's Commodities Interdealer Broker of the Year award is yet another recognition of our success in delivering an excellent bespoke service to our clients, whom I would like to thank for their support.
"We are focused on developing our global energy business to provide our customers with increased market coverage. Notably, Tullett Prebon's award winning power team now includes all European power markets, we have expanded coverage of soft commodity products and established a market-leading LNG desk."
About Tullett Prebon
Tullett Prebon (www.tullettprebon.com) is one of the world's largest interdealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients in seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy & Commodities, Credit and Equities.
With offices in 22 countries, Tullett Prebon operates voice, hybrid, electronic, volume matching, algorithmic matching and risk mitigation platforms, to accommodate the needs of its clients, and to satisfy the regulatory driven evolution of the marketplace. Tullett Prebon will be applying to be a Swap Execution Facility with the CFTC and the SEC in the US and will continue to provide regulatory compliant infrastructures in all other jurisdictions.
In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information.
Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bangkok, Frankfurt, Geneva, Houston (Texas), Jakarta, Luxembourg, Madrid, Manama (Bahrain), Manila, Mumbai, New York, Paris, Sao Paulo, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.
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