The company has extended the current Dubai office space to a new DIFC location, strengthening its MENA presence.
The expansion follows strong Q3 performance and aims to serve regional clients with better comprehensive market solutions.
The skyline of Dubai
TP ICAP
Group, the world's largest interdealer broker, is significantly expanding its
Middle East footprint with a new office in Dubai's International Financial
Centre (DIFC), tripling its physical presence in the region.
TP ICAP Expands Dubai
Presence with New DIFC Office
The new
facility, situated in Central Park Towers, will serve as a unified regional hub
for TP ICAP's diverse portfolio of brands, including ICAP, Tullett Prebon, PVM,
Parameta Solutions, and COEX.
Christophe Moser, TP ICAP’s Managing Director and Head of Dubai
“At TP ICAP
we put our clients first, being closer to them, understanding their needs and
the landscape in which they operate, enables us to anticipate how we can best
serve them in the future,” said Christophe Moser, TP ICAP’s Managing
Director and Head of Dubai.
“This
expansion in the DIFC, one of the world’s premier and fastest growing financial
hubs, underscores the Group’s vision of delivering industry-leading liquidity
and data solutions, broadening its market reach in a pivotal and high-growth
region.”
The Dubai
office will function as a strategic bridge between Asian markets and the MENA
region, supporting the growing number of financial institutions establishing
presence in the UAE. Operating under DFSA regulation as a Category 3A firm, the
office will provide comprehensive market data and broking solutions to regional
clients.
TP ICAP Revenue Hits Record
This
expansion follows the company's recent strong financial performance, with a 10%
revenue increase to $557 million in the third quarter of 2024. TP ICAP’s
Global Broking division, its largest revenue generator, posted a 9% revenue
increase, driven by a 14% surge in Rates trading amid persistent interest rate
volatility. The Energy & Commodities division saw steady growth with a 3%
revenue increase, while Parameta Solutions, the company’s OTC data business,
achieved 9% growth.
Liquidnet, TP ICAP’s electronic trading platform,
reported a 28% rise in revenue, with equities trading up 24% and multi-asset
agency brokerage revenue increasing by 33%, supported by Relative Value
strategies.
The company is evaluating strategic options for its Parameta
Solutions unit, including a potential U.S. listing while retaining majority
ownership. Despite potential impacts from USD/GBP exchange rate fluctuations,
management remains confident in meeting full-year 2024 adjusted EBIT market
expectations.
For the first nine months of 2024, TP ICAP recorded total revenue
of £1,701 million, a 5% increase in constant currency, with 60% of revenues and
40% of costs denominated in US dollars.
TP ICAP
Group, the world's largest interdealer broker, is significantly expanding its
Middle East footprint with a new office in Dubai's International Financial
Centre (DIFC), tripling its physical presence in the region.
TP ICAP Expands Dubai
Presence with New DIFC Office
The new
facility, situated in Central Park Towers, will serve as a unified regional hub
for TP ICAP's diverse portfolio of brands, including ICAP, Tullett Prebon, PVM,
Parameta Solutions, and COEX.
Christophe Moser, TP ICAP’s Managing Director and Head of Dubai
“At TP ICAP
we put our clients first, being closer to them, understanding their needs and
the landscape in which they operate, enables us to anticipate how we can best
serve them in the future,” said Christophe Moser, TP ICAP’s Managing
Director and Head of Dubai.
“This
expansion in the DIFC, one of the world’s premier and fastest growing financial
hubs, underscores the Group’s vision of delivering industry-leading liquidity
and data solutions, broadening its market reach in a pivotal and high-growth
region.”
The Dubai
office will function as a strategic bridge between Asian markets and the MENA
region, supporting the growing number of financial institutions establishing
presence in the UAE. Operating under DFSA regulation as a Category 3A firm, the
office will provide comprehensive market data and broking solutions to regional
clients.
TP ICAP Revenue Hits Record
This
expansion follows the company's recent strong financial performance, with a 10%
revenue increase to $557 million in the third quarter of 2024. TP ICAP’s
Global Broking division, its largest revenue generator, posted a 9% revenue
increase, driven by a 14% surge in Rates trading amid persistent interest rate
volatility. The Energy & Commodities division saw steady growth with a 3%
revenue increase, while Parameta Solutions, the company’s OTC data business,
achieved 9% growth.
Liquidnet, TP ICAP’s electronic trading platform,
reported a 28% rise in revenue, with equities trading up 24% and multi-asset
agency brokerage revenue increasing by 33%, supported by Relative Value
strategies.
The company is evaluating strategic options for its Parameta
Solutions unit, including a potential U.S. listing while retaining majority
ownership. Despite potential impacts from USD/GBP exchange rate fluctuations,
management remains confident in meeting full-year 2024 adjusted EBIT market
expectations.
For the first nine months of 2024, TP ICAP recorded total revenue
of £1,701 million, a 5% increase in constant currency, with 60% of revenues and
40% of costs denominated in US dollars.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
Cboe Files SEC Proposal for 24x5 Trading on EDGX: Also Plans Partial-Payout Prediction Markets
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
