Icap
Icap to broke e-forwards
Inter-dealer broker Icap is launching a forwards FX electronic broking platform internally, said Donald McLumpha, director of the electronic brokering division for London and Europe. He added that the service could be rolled out to clients over the…
TFS-Icap signs up DerivaTech
TFS-Icap, the hybrid voice and electronic broker for currency options, today said it has started to use the DerivaTech platform as its foreign exchange tool for voice-brokered transactions.
Icap looks to buy First Broker Securities
Icap, the world's largest inter-dealer broker, is in discussions to buy First Broker Securities, the New York-based interdealer broker specialising in US-denominated corporate debt and high-yield bonds, according to an Icap spokesman.
Icap offers eurobond e-broking
UK inter-dealer broker Icap has extended its e-broking offering to include euro-denominated eurobonds, but has yet to offer interest rate swaps - its dominant trading product.
TFS-Icap completes Volbroker integration
Interbank broker TFS-Icap has completed the integration of online options broking platform Volbroker, following its December 1 acquisition of a stake in the bank-owned consortium.
Icap raises £2.8 million in charity day
UK-based interdealer broker Icap donated £2.8 million – its total broking commissions for December 12 – to a range of charities around the world. The brokerage’s ninth annual charity day involved 12 offices and began with the opening of trading in Sydney.
Icap recovers after WTC attacks
Icap, the word’s largest inter-dealer broker, says that a busy period for its interest rate swaps business during October and November, due to economic uncertainty and volatile interest rates across the globe, helped spur a 22% rise in global revenues,…
TFS-Icap teams up with Volbroker
Joint venture interdealer FX options voice broker TFS-Icap has struck a deal with bank-owned trading platform Volbroker to integrate Volbroker's electronic capabilities into TFS-Icap.
Icap recovering after WTC tragedy
Icap, the world’s largest interdealer broker for interest rate swaps, has substantially rebuilt its New York broking business following the loss of its entire New York offices, which took up three levels in the World Trade Center (WTC).
Attacks emphasise need for continuity planning
The terrorist attacks on the World Trade Center on September 11 proved the value of business continuity plans and disaster recovery centres. Much of Wall Street has been able to conduct business with some semblance of normality, although firms like…
Icap buys out Prebon's stake in spot FX venture
Cash-rich UK inter-dealer broker Icap has bought out the 52% stake it did not already own in a spot FX joint venture with rival Prebon Yamane for £6.2 million.