Tullett Prebon, GMEX to Develop Hybrid Voice-Electronic FX Options Trading Platform
Interdealer broker and exchange operator partner to build dedicated FX Options platform utilizing electronic and voice technology.
The platform will integrate GMEX's request for quote (RFQ) technology with Tullett Prebon's existing central limit order book (CLOB) capability. GMEX, supported by its development partner, Forum Trading Solutions, will also provide its bespoke trading system and market surveillance solutions for the FX Options trading platform.
"This latest initiative highlights our intent to deliver premier electronic and hybrid solutions that empower our voice brokers and aid market liquidity whilst enhancing and simplifying our customers' workflow," said David Perkins, managing director, electronic broking at Tullett Prebon, in a statement.
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