- Fool.co.uk•12 days ago
Roland Head explains why he's not selling TP ICAP plc (LON:TCAP) and highlights another potential finance buy.
- Reuters - UK Focus•12 days ago
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.
- Reuters - UK Focus•14 days ago
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.
IAP.L: Summary for ICAP PLC ORD 10P - Yahoo Finance
ICAP plc (IAP.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||0.00 x 23300|
|Ask||0.00 x 43800|
|Day's range||462.10 - 473.50|
|52-week range||364.30 - 535.50|
|PE ratio (TTM)||39.47|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|