Icap

Two leaving Icap FX team

Two members of Icap's spot FX team are to leave. Garry Munday, head of spot FX in London, will be joining WestLB later this month, and Rene Simonsen, based in Copenhagen, will be joining Nordea in December.

Icap held merger talks with LSE

The London-based interdealer broker Icap today confirmed that it has pulled out of negotiations with the London Stock Exchange (LSE) after holding merger talks to create a £6 billion UK-based exchange.

Algorithmic trading accounts for 20% of forex trades

The algorithmic trading market has mushroomed to around one-fifth of the total volume of foreign exchange trading, according to Icap, the London-based interdealer broker. Latest figures show that application programming interface (API) or 'black box'…

Icap bolsters structured credit team

Inter-dealer broker Icap is raising the stakes in the competitive structured credit broker market with three new appointments – two of which were poached from rival CreditTrade.

Icap names new global head of futures

Icap has hired Kevin Collins as global head of futures in New York. Collins will lead the development of the London-based inter-dealer broker’s US business, and will also drive its existing operations in Europe and Asia.

Icap prepares for money broker JV in China

Interdealer broker Icap aims to be the first foreign company to enter the Chinese money broking sector, after Chinese regulators said they would relax rules previously banning the practice.

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