TP ICAP unveils digital ATS for US secondary marketplace structured merchandise buying and selling

TP ICAP has introduced an digital choice buying and selling device for secondary marketplace buying and selling of US structured merchandise, the primary of its sort around the business.  

The brand new platform – Fusion Structured Merchandise – will supply a centralised order e book, real-time RFQs, to be had marketplace costs and company choices for issuer banks, vendors, wholesales RIAs and broker-dealers, with the purpose of addressing liquidity fragmentation around the markets. 

Robert Romano, head of structured merchandise, Americas, mentioned: “Fusion Structured Merchandise complements the secondary marketplace via introducing an digital buying and selling atmosphere, streamlining operations for the business and enabling marketplace individuals to get right of entry to new buying and selling alternatives.  

“This innovation aligns with broader marketplace developments towards electronification and regulatory calls for for transparency.”  

Particularly, the providing is anticipated to fortify marketplace individuals in having access to marketplace visibility, enhanced liquidity, nameless execution and capability inside of US structured merchandise within the secondary marketplace.  

The inside track follows additional important strikes for TP ICAP in contemporary months, and in January 2026, the company introduced that it had entered an settlement to gain international brokerage, Vantage Capital Markets, to strengthen its positioning in fairness derivatives and stuck source of revenue markets, with a key focal point on the ones within the APAC area.   

In a similar fashion, in June 2025, TP ICAP obtained Neptune Networks, in a bid to create a brand new dealer-to-client credit score industry.