TP ICAP registers slight drop in revenues in H1 2021
Interdealer broker TP ICAP reported revenue of £936 million for H1 2021, 1% lower on a constant currency basis.
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.
The vast majority of the votes at the TP ICAP general meeting were in favor of the proposed acquisition of Liquidnet.
TP ICAP is set to complete the relocation of staff to the EU 27 and the local hiring of staff in the EU-based offices of TP ICAP Europe S.A.
As part of its Brexit readiness plan, TP ICAP has established a new subsidiary in France, TP ICAP Europe S.A., to conduct broking business in the EU 27.
The new ultimate holding company, TP ICAP Group plc, is a company registered in Jersey.