TP ICAP Opens Western Australia Gas Desk in Perth to Boost Domestic Market Connectivity | LeapRate
On Monday, TP ICAP, a provider of market infrastructure and data solutions, launched a new Western Australia (WA) Gas Desk in Perth, marking an expansion of its Energy and Commodities (E&C) division into one of Australia’s most important gas producing regions.
The new desk, announced on August 3, 2026, will offer dedicated brokerage services to the WA domestic gas market, aiming to improve liquidity, price discovery and market transparency.
While Western Australia accounts for a substantial portion of Australia’s national gas supply, a large share of its output is directed toward exports and LNG processing. This has left the domestic market comparatively less intermediated, presenting an opportunity for TP ICAP to deepen its regional connectivity.
Kellee Campbell, Divisional Director, Energy & Commodities, Australia & New Zealand at TP ICAP, said Western Australia represents a market with strong fundamentals and increasing demand for transparent, efficient price formation. She noted that the Perth desk combines global expertise with local presence, giving clients improved access to liquidity and stronger risk management tools as the market evolves.
The move builds on TP ICAP’s existing operations in Australia’s eastern gas market. The firm said it intends to bring proven execution capabilities and established client relationships to support producers, utilities, industrial users and traders throughout Western Australia.
The Perth desk launch also fits into TP ICAP’s broader growth strategy across the Asia-Pacific region, as the firm continues to diversify its offering and expand its footprint in developing energy markets. The desk is now fully operational.
