Tullett & Tokyo Liberty plans to expand its recently launched credit derivatives brokerage desk in Singapore in the coming months, said John Rabey, manager of the Asia-Pacific credit derivatives desk. The firm will likely double headcount on the desk to six if volumes continue to grow. Tullett brokers protection on Asian credits, including Japanese and Australian names, from the Singapore desk. Credit default swap trading makes up 99% of the desk's business, he added.
Tullett To Build Up Credit Desk
