Tag: TP ICAP

The move is set to align crypto execution with traditional wholesale markets, in a bid to enhance capital efficiency, risk management and institutional confidence.  

The new platform – which marks an industry first – is expected to support market participants in addressing challenges of liquidity fragmentation when trading these products.  

The move is expected to expand the firm’s presence across equity derivatives and fixed income markets, particularly in APAC, while simultaneously supporting Vantage’s growth in the US.  

Industry experts from TP ICAP, LMAX Group, CoinShares , FalconX, Marex, Crossover Markets and BPX Digital Securities Marketplace analyse the landscape for crypto within the institutional space in the coming year, as digital assets gain traction across the industry.   

Continued increase spurred by global exchanges becoming major holders of core capital markets technology and data assets over the last four years, according to the latest TP ICAP report. 

The move will see banks including JP Morgan, Deutsche Bank, BNP Paribas and Crédit Agricole hold a 30% stake in the new business.  

Coinhako will also integrate with TP ICAP’s Fusion Digital Assets, helping to facilitate risk exchange and increase liquidity.

The TRADE sits down with Max Spoto, group chief operating officer at TP ICAP, to discuss how technology is allowing for an evolution among brokers, the way in which the role of individual over-the-counter (OTC) brokers is changing, and the impacts of cloud adoption in this realm.  

AWS will work with TP ICAP to accelerate the development of TP ICAP’s digital platform Fusion, alongside applying its expertise to create a TP ICAP AI and Innovation Lab.

New location will help the firm better deliver services across the Middle East and North Africa region.