Shares in TP ICAP Group (LON: TCAP) pushed higher on Wednesday morning after the inter-dealer broker and financial markets infrastructure group reported a record first-quarter revenue performance, underscoring the strength of its diversified business model amid turbulent global markets.
The stock opened at 320.2p before settling at 316.4p in early trade, up 0.6% on the day, as investors responded positively to the group’s trading update for the three months ended 31 March 2026.
TP ICAP posted record total revenue of £689 million in Q1 2026, a 13% increase year-on-year at constant currency, its strongest quarterly performance to date. The result was driven primarily by Global Broking and Energy & Commodities, which delivered revenue growth of 15% and 13% respectively, benefiting from elevated trading volumes and heightened volatility across global markets stemming from ongoing macroeconomic and geopolitical uncertainty.
WELCOME BONUS - Free Share Bundle When You Invest £50!
Open a UK Investment Account: Shares, ISAs, Managed Portfolio
Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.
IG
View Offers
Empfohlener Broker
Multi Asset Platform
Liquidnet, the group’s institutional trading network, also delivered a solid performance, with revenue rising 9% as it expanded its core equities platform and multi-asset agency execution business. Parameta Solutions, the group’s data and analytics division, saw a more modest 4% uplift as newly recruited sales representatives began contributing to the pipeline.
The board said it remains “comfortable” with its full-year outlook at current foreign exchange rates, noting that approximately 60% of group revenues are USD-denominated.
TP ICAP will report its interim results for the six months ended 30 June 2026 on 6 August 2026.
Searching for the Perfect Broker?
Discover our top-recommended brokers for trading or investing in financial markets. Dive in and test their capabilities with complimentary demo accounts today!
- IG Top-tier regulation – Read our Review
- eToro Wide range of instruments available to trade – Read our Review
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
