Derivatives broker TP ICAP PLC (LON:TCAP) has seen mixed trading with upticks in rate and equity-based products offset by weak power and credit-based markets.
Revenue in the four months to April rose 3% to 601mln.
John Phizackerley, chief executive, said the priority remained to complete the integration of Tullet Prebon and ICAP following last year’s merger of the inter-dealer and money brokers.
“We remain firmly on track to deliver our target of £100mln of synergies.
“Post the successful delivery of readiness for MIFID II we are now moving into large IT system migration, as well as increasing our workforce in Belfast."
New combined offices are shortly scheduled to open in London and New York, he added.