TP ICAP Group plc has issued a trading update for the three months ended 31 March 2022.
Highlights include:
- Group revenue, excluding Liquidnet, up 3% in constant currency. Including Liquidnet, Group revenue up 14%; growth across all business divisions;
- Increased overall market share during the first quarter;
- Global Broking revenue per broker up 8%;
- Data & Analytics again delivered double-digit revenue growth;
- Good progress on transformation programme: TP Interest Rate Options desk now has #2 market share (from #4), benefiting from Fusion deployment.
Click here to download the full trading update.
