Tag: TP ICAP

TP ICAP
May 25, 2023 BY Steffy Bogdanova

TP ICAP’s marketplace for spot cryptoassets goes live

The newly introduced platform combines TP ICAP's in-house over-the-counter electronic platform, Fusion, with the institutional-grade custodial expertise of Fidelity Digital Assets. Leveraging TP ICAP's order matching and trade execution technology, the exchange benefits from the extensive liquidity derived from the firm's diverse global client base. At present, the venue offers trading in Bitcoin and Ether…

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TP ICAP
May 17, 2023 BY Steffy Bogdanova

TP ICAP reports 2% increase in revenue in Q1

Energy & Commodities activity increased 3% in the quarter. The numbers were driven by by the improvements in "market conditions, and liquidity, in European Gas & Power." Parameta Solutions, which offers data & analytics and post-trade solutions, registered a 7% growth (15% in reported currencies) in revenue. The announcement noted that the division's goal is…

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April 26, 2023 BY Steffy Bogdanova

Liquidnet and TP ICAP Midcap to provide block liquidity in European SMEs

Liquidnet's recent partnership aligns with their objective of resolving intricate liquidity and execution challenges encountered by their members. Chris Jackson, Global Head of Equity Strategy and Head of EMEA Equities at Liquidnet said: Finding block liquidity in small and mid-cap names remains a challenge for most asset managers. It’s a challenge that often goes beyond…

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TP ICAP
March 14, 2023 BY Steffy Bogdanova

TP ICAP reports solid rise in 2022 profits

TP ICAP’s board has recommended to distribute 12.4 pence per share as a dividend to its shareholders at a 31% YoY increase. The global broking revenue increased by 13% on a reported basis and 7% on a constant currency basis, with a total of £1.25 billion. £302 million of this total was generated from FX…

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TP ICAP
December 01, 2022 BY Steffy Bogdanova

TP ICAP obtains FCA registration for institutional crypto exchange

The platform will use the TP ICAP’s electronic OTC platform, Fusion, to give clients access to a non-custodial cryptoasset exchange for order matching and trade execution. Fusion Digital Assets will offer diversified liquidity from market makers around the world to its clients. Trenholme added: Over time, we believe blockchain will lead to the tokenisation of…

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TP ICAP
November 01, 2022 BY Steffy Bogdanova

TP ICAP revenue up 5%, Liquidnnet’s falls 22% in Q3

The Group’s performance was significantly influenced by the strengthening of the USD as the 60% of the Group's revenues are denominated in the US currency. TP ICAP stated: Global Broking revenue was up 12% (+20%). All asset classes generated high single digit to double digit growth, reflecting the continued strong performance. E&C revenue declined by…

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TP ICAP
August 11, 2022 BY Steffy Bogdanova

TP ICAP sees a 15% jump in revenue in H1 2022

Parameta Solutions’ revenue was up 6% during the last six months. Adjusted EBIT increased 15% to £142 million, compared to H1 2021. The come company highlighted that it plans to launch its electronic marketplace for institutional clients, Fusion Digital Assets. Nicolas Breteau, CEO of TP ICAP Group plc, commented: Our transformation continues at pace, including…

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Daniel Fields joins TP ICAP as CEO of its Global Broking division
June 20, 2022 BY Steffy Bogdanova

TP ICAP appoints Daniel Fields as CEO of its Global Broking division

In his new position as CEO of Global Broking, Fields will focus on driving further growth in the business and delivering strategic execution, including the continued rollout of TP ICAP’s electronic platform, Fusion. Nicolas Breteau, CEO of TP ICAP, commented: The appointment of Dan as CEO of our Global Broking business is another important strategic…

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TP ICAP
May 11, 2022 BY Steffy Bogdanova

TP ICAP sees 15% increase in revenue in Q1 2022

Energy & Commodities activity increased 5% in the quarter to £107 million. The numbers were driven by growth in Oil and Power & Gas in the US, while in Europe, Power & Gas declined, as high prices and significant volatility led to lower volumes. Parameta Solutions, which offers data & analytics and post-trade solutions, registered…

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