Shares in TP ICAP climbed almost 9% today after the global markets tech company revealed record results and announced an £80 million share buyback.

The FTSE 250 firm reported a rise in revenue and profits – but hinted that it is reconsidering an IPO of its data business.

TP ICAP, headquartered and listed in London since 2000, connects buyers and sellers in global financial, energy and commodities markets. The firm operates from more than 60 offices across 28 countries, supporting brokers with technology.