Trading

TP ICAP buys data firm Neptune in credit push

Neptune Networks deal to help the City broker launch dealer-to-client business

TP ICAP buys data firm Neptune in credit push
Photo: Simon Dawson/Getty Images

TP ICAP has acquired markets data business Neptune Networks as it launches a new dealer-to-client credit business.

The City broker will combine Neptune with Liquidnet, its electronic credit trading platform, to create the new business, according to a 2 June statement.

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