TP Icap knocked by Liquidnet buyout

Linda J. Dodson

TP Icap was the FTSE 250’s biggest faller after it set out plans to slash its dividend to fund a takeover of Liquidnet. The interdealer broker is staking growth plans on its $600m (£465m) to $700m purchase of Liquidnet, which facilitates “dark pool” trading – private exchanges in which major […]