About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TP ICAP Reorganization Keeps Voice Broking With Parent Company

Subscribe to our newsletter

London-based trade execution and risk management services provider NEX Group has com-pleted the sale of its global hybrid voice broking and information business to its parent company TP ICAP.

NEX Group is the newly rebranded ICAP electronic markets and post-trade, risk and information business. ICAP shares began trading as NEX Group shares on December 15.

NEX Group finished the sale of the global hybrid voice broking unit on December 30. Tullett Prebon first announced plans to acquire ICAP in November 2015. The resulting new company, TP ICAP, announced its new name also on December 30 in tandem with NEX Group’s sale of the global voice broking unit.

Separately, the UK Competition and Markets Authority (CMA), in June, announced competition concerns about Tullett Prebon’s acquisition of ICAP, particularly the ownership of ICAP’s oil broking businesses. In September, ICAP sold its London-based voice/hybrid EMEA oil broking business to INTL FC Stone, a global financial services execution and advisory business, with the CMA’s approval.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best approaches for trade and transaction reporting

11 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Compliance practitioners and technology leaders in capital markets face mounting pressure to ensure that reporting processes are efficient, accurate, and aligned with global standards. Market developments and jurisdictional nuances in regulatory frameworks like MiFID II, EMIR, SFTR and MAS create a...

BLOG

LTX Launches BondGPT Intelligence to Deepen AI Integration in Bond Trading Workflows

LTX, the AI-powered corporate bond trading platform backed by Broadridge Financial Solutions Inc., has launched BondGPT Intelligence, a new capability that embeds generative AI directly into the trading workflow. The functionality is designed to anticipate users’ needs in real time and deliver targeted insights without requiring them to leave the platform. According to Jim Kwiatkowski,...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...