|Bid||0.00 x 23300|
|Ask||0.00 x 43800|
|Day's range||462.10 - 473.50|
|52-week range||462.10 - 473.50|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
By Helen Bartholomew LONDON, Oct 20 - Jenny Knott has stepped down as CEO of NEX Optimisation, the post-trade division of NEX Group, just weeks after the company issued a profit warning due to the increased ...
** UK-based interdealer broker TP ICAP shares down 1.9 pct after Macquarie cuts to "neutral" on valuation and its outlook for margins ** Broker says although its revenue outlook remains above ...
TP ICAP Plc, the world's largest voice broker, reported a 23.1 percent rise in underlying operating profit, helped by a strong performance in its rates business. Underlying operating profit was 144 million pounds in the first half, up from 117 million pounds a year earlier. The company, formed last year after Tullett Prebon (Frankfurt: N5C.F - news) bought ICAP (Frankfurt: A0BKYB - news) 's hybrid voice broking unit, said its half-year revenue rose 11.7 percent to 925 million pounds ($1.21 billion).
TP ICAP Plc, the world's largest voice broker, reported a 23.1 percent rise in underlying operating profit to 144 million pounds on Tuesday. Formed last year after Tullett Prebon bought ICAP's hybrid voice ...
By Helen Bartholomew LONDON, July 6 - NEX Group has launched its new swap execution facility, NEX SEF, offering Dodd-Frank compliant trading in non-deliverable FX forwards traded over the firm's EBS platform. ...
TP ICAP Plc's full-year revenue just beat analyst forecasts as U.S. stocks' record-setting rally and expectations of further U.S. rate hikes spurred trading volumes for the financial broker. TP ICAP, which ...
A City broking firm created by the merger of two of the industry's biggest players has approached investors about revisions to an incentive plan that could hand tens of millions of pounds to senior executives. Sky News has learnt that directors of TP ICAP, which is the world's largest interdealer broker, proposed establishing a scheme that would have paid out up to £85m in shares over a three-year period. John Phizackerley, the company's chief executive, stood to make a maximum of £25m under the Value Creation Plan discussed with leading TP ICAP shareholders.
UK-based financial broker NEX Group said Donald Trump's victory in the U.S. presidential election had boosted trading activity, but it was too early to know whether this marked the end of a prolonged period of subdued market conditions. The company, which matches buyers and sellers of bonds, swaps and currencies, and was renamed NEX Group following the sale of a key business to TP ICAP, reported an 11 percent rise in revenue for the third quarter ended Dec (Shanghai: 600875.SS - news) . It cited benefits from an increase in trading activity as customers considered the impact of potential policy changes following Trump's surprise victory on bond and foreign exchange markets.
Financial broker TP ICAP Plc said on Friday Donald Trump's victory in the U.S. presidential election and speculation over higher interest rates led to a surge in trading volumes in the final months of last year. Shares (Berlin: DI6.BE - news) in the company, formed after Tullett Prebon (Frankfurt: N5C.F - news) bought ICAP (Frankfurt: A0BKYB - news) 's hybrid voice broking unit late last year, leapt more than 10 percent in early trading. TP ICAP said its 2016 revenue was likely to be around 12 percent higher than the 796 million pounds ($986 million) reported in 2015, helped also by the sharp fall in sterling.
Interdealer broking revenues have been battered by regulation and a shift away from voice trading post-crisis, but newly-merged TP ICAP is betting its services are still vital as liquidity dries up in fixed income. Tullett Prebon (Frankfurt: N5C.F - news) completed the acquisition of long-term rival ICAP (Frankfurt: A0BKYB - news) 's global hybrid broking operations and started trading as TP ICAP last week.
By Helen Bartholomew LONDON, Dec 30 - ICAP has completed the sale of its global hybrid broking operations and began trading as a more streamlined company called NEX Group on Friday. Tullett Prebon, which ...
Britain's Prince Harry turned trader on Wednesday, taking calls alongside brokers at British interdealer ICAP for the company's annual charity day. Wearing a navy suit, the prince answered the phones alongside ...
Dec (Shanghai: 600875.SS - news) 2 (Reuters) - The big moves on currency markets after Donald Trump's election last month drove a 37 percent rise in average daily trading on ICAP Plc (Frankfurt: A0BKYB - news) 's EBS trading platform in November compared with a month earlier, the company said. Trading in the three big currencies on the platform - the dollar, euro and Japanese yen - rose by as much as 52 percent from October, ICAP said, as expectations of higher inflation under Trump drove a sustained dollar rally. "Increased confidence about a December rate hike by the U.S. Fed also spurred buying of the greenback," ICAP said.
Trading platforms run by London-based ICAP (Frankfurt: A0BKYB - news) saw the second biggest volume of business in U.S. Treasuries on record and a doubling of currency volumes last Wednesday as markets reacted to Donald Trump winning the U.S. presidential election. Volumes on EBS, the main platform for banks and other major institutions to trade the euro, yen and Swiss franc against the dollar, surged to nearly $240 billion compared with a daily average of about $90 billion over the past 12 months.
The United States must not scrap bank capital requirements introduced at the height of the financial crisis aimed at avoiding more taxpayer bailouts of lenders, an architect of the rules said on Wednesday. U.S. President-elect Donald Trump has said the "sprawling and complex" Dodd Frank reform of Wall Street banks passed in 2010 has failed to live up to promises to boost growth. "I think it would be very unfortunate if there is any significant rollback of the regulation which was introduced over the last five years," Adair Turner, who led Britain's Financial Services Authority during the financial crisis and was one of the architects of the new banking rules, said on Wednesday.
Daily trading in currencies dipped to $4.92 trillion globally in October, down just over 1 percent from September but still up from $4.64 trillion in the same month a year ago, data from settlement system ...
ENSO Financial Analytics (ENSO), a leading portfolio finance and treasury solution for hedge funds and prime brokers, has received the ISO (International Organization for Standardization) 27001:2013 Certification from EY CertifyPoint. This international certification specifically addresses ENSO’s Information Security Management System (ISMS) for all of ENSO solutions, validating that security policies for these applications have undergone in-depth testing and external independent audits and have met or exceeded the guidelines.
A former Rabobank trader from Australia was sentenced on Wednesday to three months in a U.S. prison for conspiring to manipulate Libor, the leading benchmark for pricing financial transactions, to the bank's advantage. Paul Thompson, the Dutch bank's ex-head of money market and derivatives trading for Northeast Asia, was sentenced by U.S. District Judge Jed Rakoff in Manhattan (Hamburg: 32U.HM - news) after pleading guilty in July to conspiring to commit wire fraud and bank fraud.
British interdealer broker Tullett Prebon Plc reported a jump in third quarter revenue, boosted by a fall in the value of sterling and volatility brought on by Britain's vote to leave the European Union. ...
Oil prices tumbled 3 percent on Wednesday after a record weekly build in U.S. crude inventories stoked investor worries about a global supply glut, days after analysts estimated higher monthly OPEC crude output. The U.S. Energy Information Administration (EIA) said crude inventories rose 14.4 million barrels for the week ended Oct. 28, far more than the 1.0 million barrels analysts had expected.