TP ICAP hires Eric Sinclair to head data and information unit


TP ICAP, the world’s largest interdealer broker, has hired Eric Sinclair from Canada’s TMX exchange to run the London group’s fast-growing data and information business.

The appointment was confirmed in an internal memo to staff earlier on Wednesday.  He will begin on November 13 and replace Frank Desmond, who is leaving TP ICAP after 12 years.

Mr Sinclair will head TP ICAP’s Data & Analytics unit, which the company has earmarked as a key future revenue generator.  It is targeting asset managers and asset owners as they seek to source more financial data independently.

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