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TP ICAP and Liquidnet : growth
the deal
Following the $ 700 million acquisition of institutional trading network and dark pool operator Liquidnet by TP ICAP , Hayley McDowell sits down with TP ICAP ’ s group head of strategy , Joanna Nader , and CEO of agency execution , John Ruskin , to investigate the merger .
As rumours persisted that trading network and venue operator Liquidnet was up for sale , it came as no surprise when interdealer broker TP ICAP confirmed plans to acquire the company for $ 700 million in September . With the acquisition having been completed in March , TP ICAP now has its hands full as the integration of the platform
34 // TheTRADE // Summer 2021