LONDON, 11th March 2026 - Parameta Solutions, the data and analytics division of TP ICAP Group, and Marex Group plc the diversified financial services platform, today announced the launch of a new joint netback pricing offering that combines proprietary oil and freight data to deliver a clearer view of energy market economics across crude, refined products and freight routes, connecting the price of oil with the cost of moving it.

The new solution brings together proprietary oil price benchmarks from ICAP, Tullett Prebon and PVM (TP ICAP Group companies) with Marex’s oil and freight market intelligence, enabling clients to assess real-time route economics, identify arbitrage opportunities, and better manage risk across physical and paper markets. By bringing commodity pricing and freight costs together in a single workflow, the offering helps market participants price the journey, not just the product, supporting more informed trading, risk management, and analytical decision-making.

This launch marks the first phase of a broader collaboration. Parameta Solutions’ data platform enables the cleansing, optimisation, and delivery of complex datasets at scale. Marex’s market data team provides clients with access to market data and associated services across energy and commodity markets. Marex delivers energy price discovery data and specialist market insights through its client portal, Neon, and via data feed delivery options, including real-time and end-of-day formats. The partnership supports the co-creation of new derived products, including future cross market pricing solutions that combine oil and freight data.

Silvina Aldeco-Martinez, Chief Executive Officer at Parameta Solutions: 

“This launch is about delivering total cost of trade for customers, connecting oil price signals and freight to help them evaluate real-time economics across routes and markets. By bringing these inputs together, we’re giving customers a clearer view of delivered route economics to support faster, confident decisions. It’s the first step in a broader roadmap of products we are building together with Marex.”

Richard Frape, Global Head of Market Data at Marex: 

“Market participants tell us they need connected data to solve connected problems. By partnering with Parameta Solutions, we’re expanding the reach of our data and enabling clients to access oil and freight insights within a single, high quality analytical framework. Together, we’re making it easier for market participants to understand price formation and act on cross-market opportunities.”

ENDS
 
About TP ICAP Group plc  
TP ICAP is a global leader in connecting buyers and sellers across financial, energy, and commodities markets. Leveraging our expertise and cutting-edge technology, we provide unparalleled OTC liquidity and data solutions. Our portfolio includes renowned brands such as ICAP, Tullett Prebon, PVM, Liquidnet, and Parameta Solutions. These brands deliver trusted broking services, comprehensive data & analytics, and insightful market intelligence to clients worldwide. With a presence in over 60 offices across 28 countries, TP ICAP is committed to driving market efficiency and innovation. 

Media Contact: 
Tom Gilbert | Director, External Communications, TP ICAP | +44 7741231950 | thomas.gilbert@tpicap.com

Please note that the rate cards for the IOCD and IOFI segments on the ICAP UK OTF have been updated and takes effect from 9th March 2026. 

A new incentive scheme has been introduced on the IOCD segment, where the client trading the most volume on EM CDX will receive a 50% discount on the headline rate the following month.

Please direct any questions regarding this Market Notice to:

Email: islotfoperator@tpicap.com 

Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom.

The leading international cross-border bank will also act as Settlement Agent, marking the next phase of collaboration between the two organisations.

LONDON, SINGAPORE, HONG KONG, 4 March 2026 - Standard Chartered has been appointed as the digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets. This partnership will support the global markets infrastructure provider as it expands its matched principal trading activities.

This development represents a continuation and further enhancement of the innovative partnership between Standard Chartered and TP ICAP, which was initially announced in October 2024. Through this collaboration, shared clients are now able to benefit from access to Standard Chartered’ s advanced digital asset custody solution, as well as Fusion Digital Assets, TP ICAP’s UK-based spot crypto asset exchange. Fusion Digital Assets is operated by TP ICAP E&C Limited, a firm registered with the Financial Conduct Authority (FCA) for crypto asset activities.

Margaret Harwood-Jones, Global head, Financing & Securities Services, Standard Chartered said: 

“We are pleased to deepen our collaboration with TP ICAP, reinforcing our shared vision of bridging traditional and digital finance. Our custody and settlement solutions will enable TP ICAP to scale its matched principal activity securely and efficiently, meeting growing institutional demand.”  

Duncan Trenholme, Managing Director & Global Co-Head of Digital Assets, TP ICAP, said: 

“This is a key milestone in our digital asset strategy, allowing TP ICAP to settle blockchain-based assets through our own accounts for the first time. With Standard Chartered’s support and expertise, we will now be able to offer a much broader array of on-chain assets and wider range of execution services to our clients.”

The partnership underscores a commitment to being leaders in advancing institutional adoption of digital assets, combining TP ICAP’s market infrastructure with Standard Chartered’s regulated digital asset capabilities. 

ENDS

Notes to editors
 1 (https://www.sc.com/en/press-release/standard-chartered-and-tp-icap-announce-pioneering-digital-asset-collaboration/

About Fusion Digital Assets 
Fusion Digital Assets is a wholesale crypto asset exchange from TP ICAP designed exclusively for institutional participants. Combining TP ICAP's expertise in venue operation and execution with segregated custodial capabilities, the platform offers standards demanded by institutional clients. 
 
About TP ICAP Group plc  
TP ICAP is a global leader in connecting buyers and sellers across financial, energy, and commodities markets. Leveraging our expertise and cutting-edge technology, we provide unparalleled OTC liquidity and data solutions. Our portfolio includes renowned brands such as ICAP, Tullett Prebon, PVM, Liquidnet, and Parameta Solutions. These brands deliver trusted broking services, comprehensive data & analytics, and insightful market intelligence to clients worldwide. With a presence in over 60 offices across 28 countries, TP ICAP is committed to driving market efficiency and innovation. 

Standard Chartered
We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

Media Contacts: 
Tom Gilbert | Director, External Communications, TP ICAP | +44 7741231950 | thomas.gilbert@tpicap.com
Celine Ng | Director, Corporate & Investment Banking Communications, Standard Chartered | +6569810725 | celine.ng@sc.com

London, 25 February 2026 – TP ICAP, the world’s largest interdealer broker and a leading provider of financial markets infrastructure and data, today announces the next major milestone for its spot cryptoasset exchange, Fusion Digital Assets.  

The platform will transition to a Matched Principal model in March 2026, enhancing capital efficiency, operational flexibility, and scalability for institutional clients. This proven model is already operated by TP ICAP across global markets, processing over $200 trillion notional in 2025. 

Under the Matched Principal model, TP ICAP will act as an intermediary between buyers and sellers, standing as the counterparty to both sides of each trade. The benefits for clients include:  

• Every trade is backed by TP ICAP’s investment grade credit rating, mitigating counterparty risk. 
• Without the need to prefund trading, clients can trade first and settle later, improving capital efficiency. 
• TP ICAP acts as clients’ counterparty for settlement, reducing risk. 
• Settlement occurs off exchange, separating execution from settlement, and custody agnostic, with clients free to deliver from their custodian of choice. 
• Multi-lateral netting: Improving operational efficiency and reducing settlement cost and risks for market participants 

Simon Forster, Managing Director, Global co-Head of Digital Assets said: “This marks a transformational step in Fusion Digital Asset’s development. It reflects our commitment to delivering trusted, efficient market infrastructure for the digital asset ecosystem.”  

“This proven model is familiar to institutional clients, delivered by a counterparty they trust. It fills a critical gap in the crypto landscape by improving efficiency, reducing risk, and creating a flexible, institution-ready framework for trading.” 

Future developments 
This new approach will enable Fusion Digital Assets to rapidly expand its universe of tradeable assets, including:  

• Stablecoins 
• Additional major cryptoassets 
• Additional fiat currencies 
• A growing range of tokenised real world assets.  

Operating hours will also expand from 23/5 to 24/5, with weekend coverage added as client demand grows. 

Last year, Fusion Digital Assets, surpassed $1 billion in monthly notional traded volume across its spot Bitcoin and Ether order books, underscoring growing institutional demand for secure and reliable access to the digital asset market from wholesale venue operators. 

ENDS

About Fusion Digital Assets 
Fusion Digital Assets is a wholesale crypto asset exchange from TP ICAP designed exclusively for institutional participants. Combining TP ICAP's expertise in venue operation and execution with segregated custodial capabilities, the platform offers standards demanded by institutional clients. 
 
About TP ICAP Group plc  
TP ICAP is a global leader in connecting buyers and sellers across financial, energy, and commodities markets. Leveraging our expertise and cutting-edge technology, we provide unparalleled OTC liquidity and data solutions. Our portfolio includes renowned brands such as ICAP, Tullett Prebon, PVM, Liquidnet, and Parameta Solutions. These brands deliver trusted broking services, comprehensive data & analytics, and insightful market intelligence to clients worldwide. With a presence in over 60 offices across 28 countries, TP ICAP is committed to driving market efficiency and innovation. 

Media Contacts: 
Tom Gilbert | +44 7741231950 | thomas.gilbert@tpicap.com

Please note that the rate card for Section1.23:erepo Platform Access Fee of the Money Markets Segment (IMMM) has been updated and takes effect from 16 February 2026. 

TP ICAP UK MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the TP ICAP UK MTF Rulebook.

Please direct any questions regarding this Market Notice to: 

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Post: TP ICAP MTF Limited, 135 Bishopsgate, London, EC2M 3TP, United Kingdom

Please note that effective from February 16th 2026, TP ICAP EU MTF Rate Card has been updated to modify Term Repo Variable rate schedule.

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Please direct any questions regarding this Market Notice to:

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