Full-Time

Broker

Commodities

Posted on 6/17/2025

TP-ICAP

TP-ICAP

1,001-5,000 employees

Brokers OTC/futures; provides market data

No salary listed

Houston, TX, USA

In Person

Category
Finance & Banking (1)
Required Skills
Business Strategy
Requirements
  • Strong market knowledge of agricultural or renewable commodities, including physical and financial instruments
  • Client relationship management skills, with experience maintaining and growing institutional accounts
  • Trade execution experience, including familiarity with swaps, forwards, and futures contracts
  • Attention to detail and organizational skills to manage fast-paced trading environments and ensure accuracy
  • Ethical judgment and regulatory awareness, demonstrating integrity and understanding of compliance standards
Responsibilities
  • Promote PVM as a company
  • Place or execute trades from client orders
  • Maintain and develop existing client relationships and make contact with prospective new clients where appropriate
  • Maintain an up to date knowledge of the products and markets in which you work; actively solicit feedback from industry participants through various means, including trade calls, surveys, industry events, trade shows and conferences
  • Understand the desk’s business strategy and seek to identify new business opportunities relating to trends, future markets, products and clients
  • On-board new clients following the correct process with the Client On-Boarding team
  • Assess client needs and financial conditions to identify internal cross selling opportunities
  • Exercise independent judgement and act with integrity, care, skill and diligence to avoid conflicts of interest and escalate issues as appropriate
  • Build relationships and networks with both internally and externally wherever possible Promotes loyalty to TP ICAP and its principles
  • Works ethically and shows respect for both professional and company values
  • Excellent attention to detail, highly organised with a proactive approach
Desired Qualifications
  • Experience with cross-selling across asset classes or within energy/commodities sectors
  • Knowledge of EU carbon markets or offsets, especially relevant for renewables brokers
  • Established client network in the agriculture or renewables space
  • Exposure to international markets, particularly in emerging regions or cross-border trading scenarios
  • Proficiency with trading platforms and CRM systems used in broking environments

TP ICAP acts as a broker and data provider in the energy and commodities markets. It facilitates liquidity by matching buyers and sellers for a range of trades, including over-the-counter swaps and forwards, as well as physical crude oil and refined products. It also handles exchange-traded futures for benchmarks like WTI, Brent, and Gasoil. The company earns fees and commissions for brokering trades and by providing market data and insights that help clients make informed decisions. Unlike broad-focused banks or generic data vendors, TP ICAP differentiates itself through a global footprint, deep energy market specialization, and a large, experienced team that handles substantial daily volumes (over 100 million barrels of OTC and futures activity). Its goal is to be a trusted partner that enables efficient trading and reliable market information for institutional investors, corporations, and other financial entities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1971

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue rose 13% to £689 million, led by broking and commodities.
  • Vantage acquisition expands APAC equity-derivatives and fixed-income coverage, closing in Q2 2026.
  • Fusion Structured Products opens a new U.S. electronic venue for fragmented structured products.

What critics are saying

  • Tradeweb and MarketAxess are taking OTC flow to electronic venues faster than TP ICAP.
  • Parameta grew only 4% in Q1 2026, lagging electronic data competitors badly.
  • Broker departures in Energy and Commodities can quickly strip client flow and revenue.

What makes TP-ICAP unique

  • World's largest inter-dealer broker, largest energy and commodities broker, and OTC pricing leader.
  • Fusion links voice brokers and electronic execution across the full trade lifecycle.
  • Parameta monetizes unique OTC data from broking and energy franchises.

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Your Connections

People at TP-ICAP who can refer or advise you

Benefits

Hybrid Work Options

Flexible Work Hours

Company News

Business Wire
Apr 14th, 2026
ICAPE Group transfers liquidity contract to TPICAP for share management

ICAPE Group, a global distributor of printed circuit boards and custom electronic components, has transferred its liquidity contract to TP ICAP (Europe), effective 15 April 2026 for one year with automatic renewal. The contract covers share management on Euronext Growth Paris to promote transaction liquidity and regular quotations, complying with AMF Decision No. 2021-01 and AMAFI's code of ethics. As of 14 April, ICAPE made available to TP ICAP 46,717 shares and €109,726.14 in cash, following termination of its previous contract with Gilbert Dupont. Founded in 1999, ICAPE Group operates 39 subsidiaries globally and achieved consolidated revenue of €200.3 million as of 31 December 2025.

Splash247
Apr 7th, 2026
ICAP rolls out dry FFA desk.

ICAP rolls out dry FFA desk. Broker ICAP has moved deeper into freight derivatives, launching a new global dry forward freight agreement (FFA) desk. The desk, part of TP ICAP Group, is set up across London, Copenhagen, Dubai and Singapore, giving round-the-clock coverage across the main freight trading hubs. The move comes as swings in dry bulk rates continue to draw in a broader mix of participants, from traditional shipping players to hedge funds and banks looking to hedge or trade exposure. ICAP said the desk will cover the main dry bulk segments, including capesize, panamax, supramax and handysize routes and time charter equivalents. Max Nijhawan, who heads the new unit, noted that one of the key aims is to connect physical shipping players with the growing pool of financial investors active in freight derivatives. The launch also tightens the link between ICAP's paper and physical desks, particularly in Copenhagen, where the broker already has an established presence in dry bulk cargoes. Dry freight remains one of the more volatile commodity-linked markets, driven by shifting trade flows, geopolitics, weather disruption and fleet supply. With around 80% of global trade moving by sea, the need for hedging tools has grown alongside the market.

The TRADE
Feb 12th, 2026
Etrading Software submits bid for EU OTC derivatives consolidated tape

Etrading software submits bid for EU OTC derivatives consolidated tape. The TRADE > News > Technology > TP ICAP unveils electronic ATS for US secondary market structured products trading Technology February 11, 2026 3:53 PM GMT TP ICAP unveils electronic ATS for US secondary market structured products trading. The new platform - which marks an industry first - is expected to support market participants in addressing challenges of liquidity fragmentation when trading these products. TP ICAP has launched an electronic alternative trading system for secondary market trading of US structured products, the first of its kind across the industry. The new platform - Fusion Structured Products - will provide a centralised order book, real-time RFQs, available market prices and firm offerings for issuer banks, distributors, wholesales RIAs and broker-dealers, with the aim of addressing liquidity fragmentation across the markets. Robert Romano, head of structured products, Americas, said: "Fusion Structured Products enhances the secondary market by introducing an electronic trading environment, streamlining operations for the industry and enabling market participants to access new trading opportunities. "This innovation aligns with broader market trends toward electronification and regulatory demands for transparency." Specifically, the offering is expected to support market participants in accessing market visibility, enhanced liquidity, anonymous execution and functionality within US structured products in the secondary market. The news follows further significant moves for TP ICAP in recent months, and in January 2026, the firm announced that it had entered an agreement to acquire global brokerage, Vantage Capital Markets, to bolster its positioning in equity derivatives and fixed income markets, with a key focus on those in the APAC region. Similarly, in June 2025, TP ICAP acquired Neptune Networks, in a bid to create a new dealer-to-client credit business.

TP ICAP
Feb 11th, 2026
TP ICAP Launches TP ICAP Fusion Structured Products Trading Systems - First Electronic ATS for U.S. Structured Products Secondary Market

TP ICAP launches TP ICAP Fusion Structured Products Trading Systems - first electronic ATS for U.S. Structured Products secondary market. 11 Feb 2026 NEW YORK, 11 February 2026 - TP ICAP Group has introduced TP ICAP Fusion Structured Products Trading Systems, an Alternative Trading System ("ATS") electronic secondary market trading of structured products in the United States. The platform addresses liquidity fragmentation by providing a centralized order book, real-time RFQs, available market prices and firm offerings for issuer banks, distributors, wholesalers RIAs, and broker-dealers servicing institutional clients. Fusion Structured Products delivers: * Market Visibility: Live aggregated view of RFQs for subscribers and available pricing. * Enhanced Liquidity: Multiple sources in a single electronic marketplace. * Anonymous Execution: Transact with confidentiality. * Functionality: Detailed reporting, and audit trail capabilities. Robert Romano, Head of Structured Products, Americas, commented: "Fusion Structured Products enhances the secondary market by introducing an electronic trading environment, streamlining operations for the industry and enabling market participants to access new trading opportunities. This innovation aligns with broader market trends toward electronification and regulatory demands for transparency." The full name of the Alternative Trading System is TP ICAP Fusion Structured Products Trading Systems. About TP ICAP Group plc Through our people and technology, TP ICAP connects buyers and sellers in global financial, energy, and commodities markets. We are a world-leading provider of liquidity and data solutions, with a portfolio of businesses that provide broking services, data & analytics, and market intelligence that are trusted by clients globally. We operate from more than 60 offices across 28 countries, supporting brokers with award-winning technology. www.tpicap.com

Business Wire
Jan 12th, 2026
TP ICAP to Acquire Vantage Capital Markets, Expanding Global Broking Capabilities

TP ICAP Group, a world-leading provider of market infrastructure, has agreed to acquire Vantage Capital Markets (Vantage), a global brokerage with significan...

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