|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||2.0700 - 2.0700|
|52-week range||1.1150 - 3.3254|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||23.52|
|Forward dividend & yield||0.08 (3.85%)|
|Ex-dividend date||30 Sept 2021|
|1y target est||N/A|
The big shareholder groups in TP ICAP Group PLC ( LON:TCAP ) have power over the company. Institutions often own shares...
City broker launches weather data index to trade climate crisis risk. ICAP-Speedwell Climate Index will use stats from 50 independent weather stations globally
TP ICAP, the world's largest inter-dealer broker, said on Wednesday it had launched a weather data-backed index that would allow financial risks tied to the pace of climate change to be traded for the first time. Insurers and bankers already track specific, local weather events such as rainfall near coffee plantations, or hurricane risks in the Gulf of Mexico, but TP ICAP said it believed the index would be the first to track climate change globally. While scientists have long kept an eye on the data, the creation of an index allows the market to form a view on the rate of temperature change and build financial products to hedge the risks.