ICAP appoints Gary Pettit as Global Head of Financial Futures and Options

London, 1 December 2011 – ICAP, the world’s leading interdealer broker, announces that it has appointed Gary Pettit to the new position of Global Head of Financial Futures and Options. Gary Pettit was formerly Global Head of Futures and Options at MF Global.

ICAP has also recruited, so far, an additional 25 former MF Global staff across London, New York, Chicago and Sydney which will significantly enhance its existing execution brokerage offering. Gary Pettit will be based in London, reporting to Gary Smith, Deputy CEO, ICAP London and EMEA.

Gary Smith said: “We are delighted to welcome such a respected executive as Gary to ICAP. We are also very pleased to have attracted a high-quality team to build on the significant progress that our existing teams have already made. We believe this is a business with excellent structural growth prospects.”

Brigitte TraffordDirector of Corporate Affairs+44 (0) 20 7050 7103
John McCreadyCorporate Communications London+44 (0) 20 7050 7124
Guy TaylorCorporate Communications NY+1 212 341 9759

About ICAP:
ICAP is the world’s leading interdealer broker and provider of post trade risk 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 our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.