TP ICAP Reports Rising Revenues for First Months of 2017

[kreslik.news]

Global brokerage and information firm TP ICAP, which was formed after the merger of Tullett Prebon and the voice broking business of ICAP plc, reported upbeat results for the first four months of 2016.

The company provided its shareholders with an update on the performance until the end of April 2017. Revenues amounted to £619 million ($800 million) which was 11 percent higher than the company’s metrics for the same period last year and 2 percent higher at constant exchange rates.

According to the company’s trading update which it published via the London Stock Exchange, trading conditions throughout the period were mixed. ... (read more)