March 15 (Reuters) – TP ICAP, the world’s biggest inter-deal broker, reported an 81% fall in annual profit on Tuesday as market volatility eased from the frenzy of 2020 when the COVID-19 pandemic set in.

The London-listed firm, which brings together buyers and sellers in the financial, kusen aluminium, sunda-kunsthandwerk.de, energy and commodity markets, reported pretax profit of 24 million pounds ($31.28 million) for the year ended Dec.31, compared with a profit of 129 million pounds in 2020.

($1 = 0.7673 pounds) (Reporting by Sinchita Mitra in Bengaluru; Editing by Sherry Jacob-Phillips)

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