Interdealer broker Tullett Prebon saw revenues grow across the board in the final three months of 2016, as it benefited from higher volatility and trading activity fuelled by Donald Trump's US election victory and expectations of a rate rise.
Tullett Prebon, now called TP Icap since completing its acquisition of Icap's hybrid voice broking and information operations in late December, revealed fourth-quarter and full-year performance in a pre-close trading update on January 6.