BTCC
/
BTCC Square
/
Global Cryptocurrency
/
TP ICAP Acquires Neptune Networks to Strengthen Credit Market Data Capabilities
TP ICAP Acquires Neptune Networks to Strengthen Credit Market Data Capabilities
27
2
TP ICAP Group, a leading financial markets infrastructure provider, has acquired Neptune Networks, an independent financial data firm co-owned by major investment banks. The deal integrates Neptune’s real-time pre-trade bond market data with Liquidnet’s electronic credit trading platform, creating a comprehensive Dealer-to-Client (D2C) credit business.
Barclays, BNP Paribas, Citi, and other bank shareholders will retain a 30% stake in the new entity, aligning incentives for growth. Nicolas Breteau, CEO of TP ICAP, emphasized Neptune’s sell-side and buy-side connectivity, positioning the combined platform to drive innovation in fixed income markets.
By:
Previous
Peru’s Mining Royalties and Their Impact on Global Commodity Markets
Next
Samsung Urges UK Galaxy Users to Activate Anti-Theft Features in Crime Prevention Initiative
