Inter-dealer broker Tullett Prebon has teamed with LSE-owned tech house MillenniumIT for the development of its electronic trading systems.
Under the deal, MillenniumIT will work with Tullett Prebon to develop electronic broking capabilities across "a variety of asset classes for both internal and external trading systems".
Paul Humphrey, CEO, Tullett Prebon Electronic Broking & Information, says: "This partnership marks a significant milestone in Tullett Prebon's ambitions to supply client-orientated hybrid solutions to complement our current global electronic offering."