FX news: Tullets in play

On Wednesday Tullett Prebon, made an announcement to the London Stock Exchange that it was “in preliminary talks with a third party which may or may not lead to an offer being made for the entire issued share capital of the company.”

On Wednesday Tullett Prebon, made an announcement to the London Stock Exchange that it was “in preliminary talks with a third party which may or may not lead to an offer being made for the entire issued share capital of the company.”

Rumours about the potential bidder immediately began to fly: banks Macquarie and Bank of China, broker GFI (again), a stock exchange (ICE, Deutsche Borse or the LSE itself were mentioned) and so on. No one mentioned BGC of course.

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