Risk.net

Collins Stewart Tullett moves for Prebon

The UK stockbroker, which entered the over-the-counter broking market by purchasing inter-dealer broker Tullett last year, confirmed it had signed an agreement with the principal shareholders of FPG Holdings – Prebon’s holding company – about a potential acquisition.

The move would prove an important step in the consolidation of the inter-dealer broking market. Rival brokers believe there is only room for three global inter-dealer brokers. The combination of Tullett and Prebon would represent a significant challenge to the current dominance of Icap and Cantor Fitzgerald.

London-based stockbroker Collins Stewart, which floated in October 2000, also provides corporate finance and fund management services.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net 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: