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Inter-dealer broker TP ICAP's profit jumps 3.6% on boost from market volatility
Reuters· 2026-03-12 08:11
Core Insights - TP ICAP reported a 3.6% increase in annual pre-tax profit, attributed to volatile markets and strong performance in its global broking and Liquidnet electronic trading divisions [1] Financial Performance - The annual pre-tax profit rose by 3.6%, indicating resilience in the company's financial performance amidst market fluctuations [1] Business Segments - The growth was driven by the global broking division and the Liquidnet electronic trading division, highlighting the effectiveness of these segments in capitalizing on market volatility [1]