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Broker to world’s biggest banks explores crypto trading

TP Icap working group was set up under recently-ousted CEO John Phizackerley

Monday, 16 July 2018 at 09:52

Broker to world’s biggest banks explores crypto trading
Photo: Getty Images

TP Icap, one of the largest brokers sitting between banks in the global financial markets, has set up a working group to examine how it should approach cryptocurrencies.

The interdealer broker, which helps to match buyers and sellers of bonds and derivatives, set up the group this year as the world’s biggest dealing banks began to take similar steps, according to people with knowledge of the matter.