Tullett Prebon Sees Internal Changes For Key Personnel

Inter-dealer broker Tullett Prebon has continued to see some changes of key personnel to close out the year. Finance Magnates has learned that four senior executives with the company have seen their roles redefined.

Managing Director of Tullett Prebon’s Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term Group, Paul Dunkley, Managing Director, Kevin McDermott, and CEO of Energy and Commodities at TP ICAP, Andrew Polydor are no longer Directors within Tullett Prebon. All three remain with the company however with the moves helping optimize the group's governance. The changing of directorships across various subsidiaries in the group were driven mainly by new SMCR regulations.

The moves were obtained from information released today via the broker’s companies house page indicates that all men have ceased to be directors at Tullett Prebon as of December 6, 2019. Additionally James Potter has relinquished his directorship as of November 28 and retired from the company.

The moves follow on the heels of last month’s announcement that Stephen Duckworth, a Senior Managing Director with Tullett Prebon, would be retiring at the end of this year.