LONDON, UNITED KINGDOM and NEW YORK, NEW YORK and SINGAPORE, SINGAPORE–(Marketwire – February 11, 2011) – Tullett Prebon (LSE: TLPR), one of the world's leading inter-dealer brokers (IDB), has been voted the overall number one broker in Electricity products by Risk and Energy Risk in its 17th Annual Energy & Commodity Rankings 2011.
Tullett Prebon now dominates the Electricity rankings with number one positions in 9 out of 13 categories, a significant improvement on its four category wins last year.
The individual categories wins in the 2011 rankings are PJM-West Hub, Western US-Electricity-Short term, Western US-Electricity-Long term, UK-Day ahead, Germany, France, Italy, Netherlands and Belgium. Tullett Prebon also topped the rankings in UK/Europe gas oil options and Natural Gas products – Zeebrugge (Belgium).
Over 2,000 banks, brokers, end users and traders worldwide voted, nominating their top three commodity dealers in order of preference.
Steph Duckworth, Chief Operating Officer at Tullett Prebon, commented:
"I am delighted that Tullett Prebon has been voted the top broker in Electricity products by Risk and Energy Risk, recognising our dominance in Power market. Delivering a first-class client service and high quality, innovative products is of paramount importance to us, so I am especially pleased with this result given it is our clients that vote on the rankings."
About Tullett Prebon
Tullett Prebon (www.tullettprebon.com) is one of the world's largest inter-dealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients, in particular commercial and investment banks. The business now covers seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy and Commodities, Credit and Equities. Tullett Prebon Electronic Broking offers electronic solutions to these products.
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 Bahrain, Bangkok, Frankfurt, Houston (Texas), Jakarta, Luxembourg, Manila, Mumbai, New York, Paris, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.
Contacts:
M:Communications
Charlotte Kirkham
Media
+44 (0)20 7920 2331
kirkham@mcomgroup.com
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