ICAP and Wind Info host first Chinese renminbi conference in Xiamen
China, 5 June 2015 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS) and Wind Information Co., Ltd (Wind Info), a leading provider of financial data, hosted their first joint conference on Thursday 7th May 2015. Sponsored by Bank of Xiamen, the event focused on best practice within the developing onshore and offshore Chinese renminbi market and was attended by over 50 banking and corporate clients.
Mr. Yan Lei, senior VP of Wind Info, who delivered the keynote address at the opening plenary, said: “We were very pleased to be able to draw upon ICAP’s knowledge on the onshore and offshore renminbi markets to inform our combined clients about the latest developments with the currency. The event was a great success and we hope to repeat the event in the future.”
Benny Luk, Regional CEO, North Asia, ICAP said: “There is a natural synergy with Wind’s preeminence as an information provider in the domestic China market and ICAP’s leading position in the onshore and offshore renminbi markets. As such we were delighted to host our first Chinese renminbi event, and have been pleased with the resoundingly positive feedback.”
Damien Fitzpatrick, Head of Sales at IIS said: “We would like to thank Bank of Xiamen for supporting this inaugural event which was clearly appreciated by the broad cross section of financial professionals in attendance. We are delighted to be working with Wind Info and look forward to developing opportunities in China.”
|Bryony Scragg||Communications UK||+44 (0) 20 7050 7124|
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through its post trade risk mitigation and information services ICAP helps customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.
About ICAP Information Services
IIS is the market data & price information division of ICAP Group and delivers independent OTC data solutions to financial professionals for real-time, end-of-day and historical products. ICAP’s data is the intelligence behind algorithmic trading, research models, risk and compliance applications and portfolio pricing and management. With volume traded by ICAP from over 30 countries being fed into our data products, IIS delivers 96,000 instruments generating over 300 million updates per day.For more information, go to www.icapinfo.com.
About Wind Info
As the market leader in China’s financial information services industry, Wind Info is dedicated to providing accurate and real-time information, as well as sophisticated communication platforms for financial professionals. In China, we serve more than 90% of financial institutions including hedge funds, asset management firms, securities companies, insurance companies, banks, research institutions, and regulatory bodies. Overseas, Wind Info serves 70% of Qualified Foreign Institutional Investors (QFII). Hailed both at home and abroad as the premier provider of Chinese financial information, the company’s data are frequently quoted by Chinese and international media, in research reports, and in academic papers.