Singapore

ICAP and PVM, part of TP ICAP, the world’s largest interdealer broker, today successfully completed their move to join Tullett Prebon in the Singapore Land Tower, Raffles Place. Taking approximately 36,300 sq ft of office space over four floors, the move brings brokers and corporate employees from each brand under the same roof. The new offices will be based across levels 38, 39, 41 and 42.  

While TP ICAP remains committed to operating Tullett Prebon, ICAP and PVM as separate and competing brands, this brings the corporate function closer together to enable more efficient support of all three businesses. 

Level 41 is occupied by Tullett Prebon Energy, ICAP Energy and Money Markets, and PVM brokers, all operating in their own secure, independent areas. Floors 38, 39 and 42 are now occupied by Tullett Prebon Money Markets, Management teams, Corporate employees, TP ICAP IT and Support functions. 

Barry Dennahy, CEO, TP ICAP, APAC said: “This is an important milestone for TP ICAP in Singapore. The co-location of all three competing brands will enable us to improve our combined IT infrastructure and achieve significant cost savings. We are delighted with the new office space, which is well located for transport links and nearby restaurants.” 

The corporate address for the new office is: 50 Raffles Place, #41-00 Singapore Land Tower, Singapore 048623. 

About TP ICAP 

TP ICAP brings together buyers and sellers in global financial, energy and commodities markets. It is the world’s largest wholesale market intermediary, with a portfolio of businesses that provide broking services, data & analytics and market intelligence, trusted by clients around the world. We operate from offices in 31 countries, supporting award-winning brokers with market-leading technology. 

tpicap.com