Thinking the Unthinkable

Generali

tartanterra wrote: »

Hmm..

"Tullett Prebon operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients, in particular commercial and investment banks"

Of course, you're probably right.
I'm sure Tullets have spent money on this out of the goodness of their hearts, and it's nothing to do with vested interests.;)

Tulletts and other brokers produce research like this to add value to their brokerage. They give their clients exclusive or preferential access to it.

The vested interest they have is in being right. If their clients feel they are making money on the back of the research then they'll be more inclined to use that brokers' services.

That doesn't make them right of course but it gives an insight I hope into the angle they're coming from.

Tulletts make money from people executing trades through them. It is basically immaterial what the trade is.

A company like Tulletts make money