Tullett Prebon plc (Tullett) is an inter-dealer brokers, and acts as an intermediary in the wholesale financial markets, facilitating the trading activities of its clients, in particular commercial and investment banks. The business covers the product groups, including fixed income securities and their derivatives, interest rate derivatives, treasury products, equities and energy. Tullett Prebon�s business is conducted through voice broking, where brokers, supported by screens displaying historical data, analytics and real-time prices, discover price and liquidity for their clients, and through hybrid electronic platforms, which cover asset classes that include United States, European, Australian and Scandi Repo, United States Fixed Income, global FX Options, Cash Credit and CDS, and the United States and European Energy markets. On March 4, 2010, the Company acquired 100% of OTC Valuations Ltd.