TP ICAP Group, a provider of market infrastructure, today announced a strategic expansion of its Middle East operations with the opening of a new office in the Dubai International Financial Centre (DIFC).

The new facility, three times larger than the existing space, will bring the company closer to its clients, delivering service across the Middle East and North Africa (MENA) region.

The office located in Central Park Towers will serve as a strategic hub for TP ICAP’s business operations across the region, bringing together key brands under the Group umbrella, including ICAP, Tullett Prebon, PVM, Parameta Solutions, and COEX. The expansion will provide clients with seamless access to TP ICAP’s comprehensive market data and broking solutions, backed by a strong local presence.

This unified regional hub is designed to meet the needs of an increasing number of TP ICAP’s clients settling in the UAE and other key marketplaces in the region, as well as being strategically positioned to serve important Asian markets.

Christophe Moser, Managing Director and Head of Dubai said:

“At TP ICAP we put our clients first, being closer to them, understanding their needs and the landscape in which they operate, enables us to anticipate how we can best serve them in the future. This expansion in the DIFC, one of the world’s premier and fastest growing financial hubs, underscores the Group’s vision of delivering industry-leading liquidity and data solutions, broadening its market reach in a pivotal and high-growth region.”