TP ICAP Group plc (LON:TCAP) today provided a trading update for the three months ended 31 March 2026.

The Group delivered record total revenue of £689 million in the first quarter of 2026, an increase of 13% year-on-year. This result was led by Global Broking and Energy & Commodities, with revenues up 15% and 13% respectively.

During the quarter the Group demonstrated strong execution across all asset classes and regions, set against volatile market conditions and elevated trading volumes.

Liquidnet also performed well, with revenue 9% higher as it continued to expand both its core equities platform and multi-asset agency execution business. At Parameta Solutions, recently added sales reps are beginning to contribute and the business remains focused on buy-side engagement, new logos, upsell and retention, with Q1 revenue up 4%.

The Board remains comfortable with the outlook for the remainder of the year at current FX rates.

The Group will host its Annual General Meeting today, Wednesday 13 May 2026, at 2.15pm (BST) at the offices of Allen & Overy Shearman Sterling LLP, One Bishops Square, London, E1 6AD.