Tag: TP ICAP

Combined data and analytics and post-trade business at TP ICAP, Parameta Solutions, will provide clients with OTC proprietary data, benchmarks, and indices.

The deal will see TP ICAP combine its high-touch derivatives and cash equities with  low-touch block cash equities platform at Liquidnet.

Michael Kirby joins TraditionDATA as a senior member of the data sales team for the Americas after working at TP ICAP and CME NEX for over three decades.

The pure-electronic solution is available across high yield and emerging markets, with plans to launch in investment grade products in Q1 of this year.

The partnership between TP ICAP and Iress will offer traders more choice in their selection of execution venue and liquidity partners.

Andrew Polydor has been named head of global markets in a new role at TP ICAP after 12 years leading the broker’s energy and commodities division. 

Services for some EU clients at TP ICAP have been disrupted following the loss of passporting rights post-Brexit and a delay to the launch of its Paris office.

Steven Nichols has been promoted to head of NLP and unstructured data at Liquidnet, as three new data scientists also join the trading network.

The integration will enable TORA’s OEMS clients to access liquidity through the TP ICAP Fusion RFQ pool of 14,500 instruments and over 30 liquidity providers.  

TP ICAP is hoping to achieve cost savings of £35 million by the end of next year, which could lead to possible job cuts across the broking business.