© Reuters. FILE PHOTO: A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson/
(Reuters) – TP ICAP (LON:), the world’s biggest inter-deal broker, reported a 370.8% surge in its annual profit on Tuesday, underpinned by volatile trading in stocks and foreign exchange and improving investor confidence.
The London-listed firm, which brings together buyers and sellers in the financial, energy and commodity markets, reported full-year pretax profit of 113 million pounds ($137.40 million)for the year ended Dec. 31, compared with a profit of 24 million pounds last year.
($1 = 0.8224 pounds)
by : Reuters
Source link