|Bid||309.20 x 0|
|Ask||310.00 x 0|
|Day's range||308.20 - 345.00|
|52-week range||160.25 - 425.00|
|Beta (5Y monthly)||0.50|
|PE ratio (TTM)||25.90|
|Earnings date||10 Mar 2020|
|Forward dividend & yield||0.17 (4.98%)|
|Ex-dividend date||02 Apr 2020|
|1y target est||372.50|
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Unfortunately for some shareholders, the TP ICAP (LON:TCAP) share price has dived 36% in the last thirty days. The...
The London-based company, a combination of brokers Tullett Prebon and ICAP, acts as a go-between for banks and big investment houses in daily trading and tends to benefit from market volatility. Markets' main gauges of volatility soared on Monday after the breakdown of talks over supply curbs by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia drove a 30% drop in crude prices and triggered some of the biggest stock market losses since the 2008 financial crisis.
Shares in the inter-dealer broker TP ICAP (LON:TCAP) have been in an uptrend in recent months, and the question now for investors is whether that price strengt8230;
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Britain's markets watchdog has fined interdealer broker Tullett Prebon 15.4 million pounds ($19.2 million) for improper conduct, including its involvement in the manipulation of the Libor rate, the regulator said on Friday. The London interbank offered rate (Libor) rigging scandal that unfolded in 2012 led to billions of dollars in fines for major banks and jail sentences for traders convicted of manipulating the benchmark for profit. From 2008 to 2011, a number of Tullett Prebon (Europe) Limited (TPEL) brokers put in place improper trades in order to generate fees that should not have been paid, the Financial Conduct Authority (FCA) said, adding that one of the trade mechanisms identified was a "wash" trade.
Shares in interdealer broker TP ICAP (LON:TCAP) are currently trading close to a 52 week high, with the share price up by around 5.05% to 352.01p over the past8230;
A New Jersey-based brokerage will pay $13 million to settle charges that it failed to supervise employee conduct during telephone trades and made false or misleading statements to a regulator, the U.S. Commodities Futures Trading Commission (CFTC) said on Friday. Tullett Prebon Americas, Inc. did not admit to or deny the regulator's charges, the CFTC said, but agreed to pay the fine and to implement new software to monitor trades brokered by its trading desk. The Tullett brokers' practice involved receiving bids and offers from customers who then communicate those bids and offers to other Tullett customers, the CFTC said.
TP ICAP, the world's largest inter-dealer broker, on Tuesday reported lower first-half profits as its broking business was hit by weak trading results at its investment bank clients, but said trading activity had revived in June and July. The company, which brings together buyers and sellers in financial, energy and commodities markets, said underlying profit before tax fell 3.6% to 134 million pounds for the six months ended June 30. Revenue at TP ICAP's biggest business global broking fell 6% in the first-half, against a backdrop of double-digit revenue declines at major investment banks, its biggest customers.
The company, which brings together buyers and sellers in financial, energy and commodities markets, said underlying profit before tax fell 3.6% to 134 million pounds for the six months ended June 30. Revenue at TP ICAP's biggest business global broking fell 6% in the first-half, against a backdrop of double-digit revenue declines at major investment banks, its biggest customers. To offset the challenging trading conditions, TP ICAP said it was taking actions to reduce front and back office costs.
TP ICAP Plc, the world's largest interdealer broker, on Wednesday reported a drop in revenue in the first quarter, as lower volatility in equity and rate markets hurt its global broking division. The company, ...