Market infrastructure provider TP ICAP Group has expanded its Middle East operations with the opening of a new office in the Dubai International Financial Centre (DIFC).
The new office, which is three times larger than its existing facility, will bring the company closer to its clients, with the aim to better deliver services across the Middle East and North Africa (MENA) region.
The office is located in Central Park Towers and will act as a strategic hub for TP ICAP’s business operations across the region. In addition, the new location will bring together key brands under the Group umbrella, including ICAP, Tullett Prebon, PVM, Parameta Solutions, and COEX.
The expansion will enable clients to access TP ICAP’s market data and broking solutions, backed by a strong local presence.
The regional hub was developed to address UAE-based client needs and other key marketplaces in region, alongside being positioned to serve important Asian markets.
“At TP ICAP we put our clients first, being closer to them, understanding their needs and the landscape in which they operate, enables us to anticipate how we can best serve them in the future,” said Christophe Moser, managing director and head of Dubai.
“This expansion in the DIFC, one of the world’s premier and fastest growing financial hubs, underscores the Group’s vision of delivering industry-leading liquidity and data solutions, broadening its market reach in a pivotal and high-growth region.”