Tullett Prebon SITICO (China) Ltd. was established on December 20, 2005, jointly initiated by Shanghai International Trust Co., Ltd. and Tullett Prebon (Europe) Limited (now TP ICAP E&C Limited).
Tullett Prebon SITICO (China) Ltd. is located in the Lujiazui Financial Center of Pudong New District, Shanghai. It is the first money brokerage company in China approved by the China Banking Regulatory Commission (now the National Financial Regulatory Administration). It pioneered the money brokerage industry in China, marking the establishment of the money brokerage industry in China. This is another innovation in China’s financial organizational system and has had a positive and far-reaching impact on improving the structure of China’s financial market, enhancing market service levels, and increasing market operational efficiency.