TP ICAP sees agency execution revenues surge in Q3 2021
TP ICAP saw Agency Execution revenue increase by 353% at £68 million largely due to the inclusion of Liquidnet.
TP ICAP saw Agency Execution revenue increase by 353% at £68 million largely due to the inclusion of Liquidnet.
The ICAP-Speedwell Climate Index allows financial risk related to the rate of climate change to be traded.
TP ICAP has managed to narrow the gap in year-to-date revenue versus the prior year and reiterates its full year revenue guidance.
Nicolas Breteau, CEO of TP ICAP, acquired 21,000 shares in the company at a price of £1.4880 per share.
Interdealer broker TP ICAP reported revenue of £936 million for H1 2021, 1% lower on a constant currency basis.
Kath Cates, a non-executive director of TP ICAP, has bought 8,959 shares in the interdealer broker.
TP ICAP saw Global Broking revenue decline 10% in Q1 2021 relative to year-ago period on a constant currency basis.
TP ICAP Group plc completes the acquisition of Liquidnet Holdings, Inc, creating a global markets infrastructure and data solutions provider.
For 2020, TP ICAP reports acquisition costs of £11 million related mainly to the proposed Liquidnet acquisition.
TP ICAP plc has announced the results of the 2 for 5 rights issue of 225,334,552 New Ordinary Shares.