LONDON, 31 March 2025 – ICAP and Tullett Prebon, both part of the TP ICAP Group, a world-leading provider of financial markets infrastructure and data, have been ranked 1st and 2nd respectively in Energy Risk’s prestigious Best Commodity Broker rankings.

The annual poll, which has been running for 25 years, is the largest of its kind in the commodities sector. Market participants vote for their preferred brokers and dealers, providing feedback on the quality of the products and services received.

Andrew Polydor, Chief Executive, Energy & Commodities, TP ICAP said: 

“To be recognised by our clients and industry peers as the world’s leading commodity broker is a significant achievement. On behalf of everyone at TP ICAP, I want to thank those that voted for us, and our teams for their hard work and commitment to delivering excellent client service.”

The past 12 months have been active for TP ICAP. In March 2024, the company acquired Aotearoa Energy, a New Zealand-based gas, power, and carbon brokerage firm. The acquisition complements ICAP’s market-leading Australian Power and Gas brokerage business and provides clients with access to the New Zealand Emissions Units (NZU) market. 

In April, TP ICAP launched its Battery Metals offering in London and Singapore, and expanded its regional operations with a new office in Dubai in December. And in January 2025, ICAP introduced a new dry bulk shipping desk. This made ICAP the first traditional inter-dealer broker to integrate physical and derivatives trading in the dry bulk commodities segment, enabling the company to serve clients across the entire supply chain, from mine to consumer.
 

                                                                                  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 | +44 7741231950 | thomas.gilbert@tpicap.com