TP ICAP PLC (TCAP)

About

TP ICAP plc, formerly Tullett Prebon plc, is a United Kingdom-based interdealer broker. The Company acts as an intermediary in the wholesale over-the-counter and exchange traded financial and commodity markets, facilitating the trading activities of its clients, in particular commercial and investment banks. It operates in the Europe and the Middle East; Americas, and Asia Pacific segments. It covers over five product groups: Fixed Income Securities and their derivatives; Interest Rate Derivatives; Treasury Products; Equities, and Energy. It operates a voice broking business, where brokers, supported by screens displaying historical data, analytics and real-time prices, discover price and liquidity. It also operates an information sales business, Tullett Prebon Information, which collects, cleanses, collates and distributes real-time information to data providers, and a Risk Management Services business, which provides clients with post-trade and multi-product matching services.