Interdealer broker - Icap

Risk staff
01 Jul 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

It was good fortune rather than foresight, insists the founding father of Icap, Michael Spencer, that propelled his four-man band to the forefront of derivatives broking. But while the interdealer broker was perhaps fortunate in spotting an opportunity in the new interest rates swaps market, it was the innovative way it did business that determined its success.

By 1986, when Intercapital was founded, investment banks had already convinced many of their biggest corporate customers of the value

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]