TP Icap looks beyond cost-cutting

With the integration of its voice broking acquisition almost complete, new TP Icap (TCAP) chief executive Nicolas Breteau is turning his attention to capitalising on the combined group’s access to “the deepest pools of liquidity in over-the-counter markets”. That will involve integrating access to liquidity across brands and regions, as it has done through a common portal for its global broking business.