Financial Times FT.com

Tullett Prebon predicts return of OTC appetite next year

By Jeremy Grant in London

Published: August 4 2009 18:45 | Last updated: August 4 2009 18:45

Investor appetite for more complex over-the-counter derivatives could rebound next year, according to Tullett Prebon, as the inter-dealer broker on Tuesday reported better than expected pre-tax earnings.

The financial crisis sparked a retreat across the board from riskier assets, including bespoke OTC derivatives, some of which were blamed for exacerbating the crisis.

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