Market volatility following the Brexit vote and Donald Trump’s US election victory boosted trading activity at recently formed broker TP ICAP © Bloomberg
TP ICAP, the world’s largest interdealer broker, said it was likely to manage more customer relationships in the EU following Brexit.
The company, which was formed last year when UK broker Tullett Prebon bought rival ICAP’s voice broking business in a £1.2bn deal, said it would probably move more client relationships to offices in Paris, Frankfurt and Madrid as part of its “Brexit scenarios”.
In its first preliminary results under the
source http://www.omnipopmag.com/2017/03/14/tp-icap-considers-moving-more-business-to-europe/
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