TP ICAP Posts Revenue Boost From Tariff Turmoil, Pauses U.S. Listing Plans

Dow Jones

May 14, 2025

By Elena Vardon

TP ICAP said it is on track to meet market views for the year after U.S. trade tariffs uncertainty boosted its first-quarter results but prompted it to put U.S. listing plans for its data business on ice.

The interdealer brokerage on Wednesday reported a 10% increase in total revenue for the three months ended March 31 to 629 million pounds ($836.9 million), its best quarter ever, it said.

The London-listed group is comfortable with current market expectations for its 2025 adjusted earnings before interest and taxes, which stand at 346 million pounds, according to a company-compiled consensus. This is despite the recent weakness of the U.S. dollar, as 60% of its revenue and 40% of its costs are dollar-denominated, it noted.

TP ICAP in March said it planned to float a minority listing of Parameta Solutions in the U.S. as early as the second quarter. Due to the recent market turbulence, the board is now reviewing the appropriate timing to move forward, it said.

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

May 14, 2025 03:17 ET (07:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2535092380"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535092380\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2535092380?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-14 15:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535092380","market":"us","top_or_hot":-1,"title":"TP ICAP Posts Revenue Boost From Tariff Turmoil, Pauses U.S. Listing Plans","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Elena Vardon \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/TCAP.UK\">TP ICAP</a> said it is on track to meet market views for the year after U.S. trade tariffs uncertainty boosted its first-quarter results but prompted it to put U.S. listing plans for its data business on ice. \n</p>\n<p>\n  The interdealer brokerage on Wednesday reported a 10% increase in total revenue for the three months ended March 31 to 629 million pounds ($836.9 million), its best quarter ever, it said. \n</p>\n<p>\n  The London-listed group is comfortable with current market expectations for its 2025 adjusted earnings before interest and taxes, which stand at 346 million pounds, according to a company-compiled consensus. This is despite the recent weakness of the U.S. dollar, as 60% of its revenue and 40% of its costs are dollar-denominated, it noted. \n</p>\n<p>\n  TP ICAP in March said it planned to float a minority listing of Parameta Solutions in the U.S. as early as the second quarter. Due to the recent market turbulence, the board is now reviewing the appropriate timing to move forward, it said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Elena Vardon at elena.vardon@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 03:17 ET (07:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TP ICAP Posts Revenue Boost From Tariff Turmoil, Pauses U.S. Listing Plans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTP ICAP Posts Revenue Boost From Tariff Turmoil, Pauses U.S. Listing Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-14 15:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Elena Vardon \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/TCAP.UK\">TP ICAP</a> said it is on track to meet market views for the year after U.S. trade tariffs uncertainty boosted its first-quarter results but prompted it to put U.S. listing plans for its data business on ice. \n</p>\n<p>\n  The interdealer brokerage on Wednesday reported a 10% increase in total revenue for the three months ended March 31 to 629 million pounds ($836.9 million), its best quarter ever, it said. \n</p>\n<p>\n  The London-listed group is comfortable with current market expectations for its 2025 adjusted earnings before interest and taxes, which stand at 346 million pounds, according to a company-compiled consensus. This is despite the recent weakness of the U.S. dollar, as 60% of its revenue and 40% of its costs are dollar-denominated, it noted. \n</p>\n<p>\n  TP ICAP in March said it planned to float a minority listing of Parameta Solutions in the U.S. as early as the second quarter. Due to the recent market turbulence, the board is now reviewing the appropriate timing to move forward, it said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Elena Vardon at elena.vardon@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 03:17 ET (07:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ICAP","symbol_name":"InfraCap Equity Income Fund ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535092380","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535092380","pubTimestamp":1747207020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"TP ICAP said it is on track to meet market views for the year after U.S. trade tariffs uncertainty boosted its first-quarter results but prompted it to put U.S. listing plans for its data business on ice.The interdealer brokerage on Wednesday reported a 10% increase in total revenue for the three months ended March 31 to 629 million pounds , its best quarter ever, it said.The London-listed group is comfortable with current market expectations for its 2025 adjusted earnings before interest and taxes, which stand at 346 million pounds, according to a company-compiled consensus. This is despite the recent weakness of the U.S. dollar, as 60% of its revenue and 40% of its costs are dollar-denominated, it noted.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ICAP":"InfraCap Equity Income Fund ETF"},"translate_title":"TP ICAP因关税动荡而收入增长，暂停美国上市计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ICAP":1},"content_text":"By Elena Vardon \n\n\n \n\n\nTP ICAP said it is on track to meet market views for the year after U.S. trade tariffs uncertainty boosted its first-quarter results but prompted it to put U.S. listing plans for its data business on ice. \n\n\n  The interdealer brokerage on Wednesday reported a 10% increase in total revenue for the three months ended March 31 to 629 million pounds ($836.9 million), its best quarter ever, it said. \n\n\n  The London-listed group is comfortable with current market expectations for its 2025 adjusted earnings before interest and taxes, which stand at 346 million pounds, according to a company-compiled consensus. This is despite the recent weakness of the U.S. dollar, as 60% of its revenue and 40% of its costs are dollar-denominated, it noted. \n\n\n  TP ICAP in March said it planned to float a minority listing of Parameta Solutions in the U.S. as early as the second quarter. Due to the recent market turbulence, the board is now reviewing the appropriate timing to move forward, it said. \n\n\n \n\n\n  Write to Elena Vardon at elena.vardon@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2025 03:17 ET (07:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}