‘There’s room for two’: reactions to Tullett/Icap deal

Hard work – and risks – facing voice specialist, say dealers and brokers

John Phizackerley
John Phizackerley, Tullett Prebon

"I continue to absolutely believe in the voice broking space and the central role it has at the heart of financial markets" – so said John Phizackerley, chief executive of Tullett Prebon on November 11, hours after the broker confirmed a widely rumoured buyout of rival Icap's voice business.

Phizackerley is putting his money where his mouth is. The £1.1 billion deal will see Tullett taking on nearly 1,500 of Icap's voice brokers at a time when volumes in many over-the-counter markets are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 individual account here: