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Tullett Prebon & GMEX to develop FX options platform

First Published 9th August 2016

Tullett Prebon & GMEX Group partner to deliver a hybrid FX options trading solution.

Tullett Prebon, the interdealer broker, has entered into a partnership with GMEX Group to develop a hybrid voice and electronic trading platform for FX Options.

The new FX Options trading solution will integrate GMEX's request for quote (RFQ) technology with Tullett Prebon's existing central limit order book (CLOB) capability.

GMEX Technologies, supported by its development partner Forum Trading Solutions, will provide its trading system and market surveillance solutions for the FX Options trading platform.

Hirander Misra, CEO of GMEX Group and Chairman of Forum Trading Solutions, said: "This agile and reliable platform will help Tullett Prebon meet the business challenges of the new regulatory landscape through FinTech innovation by ensuring voice and electronic operations work seamlessly together."