UK's TP ICAP rises after Q3 revenue jump
05/11/2024 08:17
** Shares of British broker TP ICAP TCAPI.L up 3.7% at
236p
** Co's Q3 revenue jumps 10% to 557 mln pounds ($722.8
million) on revenue growth in its Global Broking and Liquidnet
businesses
** Revenue in Global Broking - co's biggest business - up 9%
Y/Y, while Liquidnet's revenue grew 28% Y/Y in the quarter, the
highest among its businesses
** Co says it is progressing with strategic options for its
data and analytics unit Parameta Solutions
** TCAPI up ~20% YTD
($1 = 0.7706 pounds)
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))