Tullett Prebon May Purchase ICAP's Voice-Broking Business

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  • About 1,450 voice brokers would transfer to Tullett under deal
  • Interdealer brokers are under pressure as banks reduce trading

Tullett Prebon Plc is in discussions to buy ICAP Plc’s voice-brokerage business, giving it the scale to reduce costs in a shrinking market.

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