ABSTRACT Many aspects of speculative multithreading have been under constant and crucial research in the recent times with the increased importance in exploiting parallelism in single thread applications. One of the important architectural optimizations that is very pertinent in this scenario is branch prediction. Branch Prediction assumes increased importance for multi-threading systems that execute threads speculatively, since wrong predictions can be much costlier here, in terms of threads, than a few instructions that occupy the pipeline in a uni-processor. Conventional branch prediction techniques have provided increasingly better prediction accuracies for uni-core processing. But the branch prediction itself takes on a whole new dimension when applied to multi-core architectures based on Speculative Multithreading. Dependence on global branch history has helped branch predictors to achieve high prediction accuracy in single thread applications. The discontinuity of global history created at the thread boundaries cripple the performance of branch predictors in a multi-threaded environment. Many studies in the past have tried to address the branch history problem to improve the prediction accuracy. Most of these have been found either to be architecture specific or complex in terms of the hardware needed to recreate or approximate the right history to be given to the threads when they start executing out of order. This hardware overhead increases as the number and size of threads increase thereby limiting the scalability of the algorithms proposed so far. The current thesis takes a different direction and proposes a simple and scalable solution to effectively reduce the misprediction rates in Speculative Multithreaded systems. This is accomplished by making use of a synergistic interaction between threads to boost the inherent biased nature of branches and using less complex hardware to reduce aliasing between branches in the threads. The study proposes a new scheme called the Global Broadcast Buffer scheme to effectively reduce branch mispredictions in Speculative Multithreaded architectures.