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TP ICAP profit rises on commodities spike

Global uncertainty helps boost TP ICAP

Liquidity and data solutions specialist also has an eye on more crypto innovation
Liquidity and data solutions specialist also has an eye on more crypto innovation Photo: Simon Dawson/Getty Images

TP ICAP reported an increase in profit and revenue for the first half of the year, as energy and commodity growth helped offset falling equities income.

Profit for the six months to the end of June came in at £66m, up from £64m for the same period last year, while revenue was up 1% to £1.13bn.

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