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Effective 21 May 2024 07:30

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LONDON, 17 May 2024 — Tullett Prebon has today been named Commodity Broker of the Year at the 2024 Energy Risk Awards, the prestigious international industry awards recognising excellence across global commodities markets.

Tullett Prebon was recognised for its demonstrated ability to outperform the market, responsiveness to client demand as well as its track record of innovation.

Commenting on the award, Kevin McDermott, Senior Managing Director, Tullett Prebon said, “I’m excited to win this award because it’s a validation of our strategy; our scale; the people we have working here as well as our clients. It represents the hard work we’ve done and the service we’ve provided to our clients being recognised as an absolute necessity in Energy and Commodity markets.”

Reporting on the award, Energy Risk Magazine noted Tullett Prebon’s response to evolving client demand in the wake of the war in Ukraine. In particular the company’s relocation of people and teams around the world to provide clients with full coverage, 24 hours a day. The magazine also highlighted the value Tullett Prebon places on offering clients human-enabled, rather than purely electronic liquidity provision to provide clients with creative access to illiquid markets through spreads. The publication also emphasized Tullett Prebon’s track record of innovation, citing new products including battery metals, weather derivatives and US Inflation Reduction Act Transferrable Tax Credits.

 

                                                                                  ENDS 

About TP ICAP Group plc
Through our people and technology, TP ICAP connects buyers and sellers in global financial, energy, and commodities markets.

We are a world-leading provider of liquidity and data solutions, with a portfolio of businesses that provide broking services, data & analytics, and market intelligence that are trusted by clients globally.
We operate from more than 60 offices across 28 countries, supporting brokers with award-winning technology.
www.tpicap.com

 

Media Contacts:

Tom Gilbert | +44 7741231950 | thomas.gilbert@tpicap.com