ICAP e-Commerce launches US Agency Securities matching engine

New service powered by premier ICAP US Agency Securities desk

New York/London, 21 May 2015 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Global Broking’s e-Commerce, the hybrid execution business of ICAP, has launched an US Agency Securities matching engine powered by ICAP’s premier US Agency Securities desk.

The matching engine brings together buyers and sellers in the US Agency Securities marketplace by using both traditional and new execution methods, creating an unparalleled and liquid user experience for new and existing ICAP customers.

Clive England, US Head of ICAP e-Commerce & Global Matching, said: “ICAP has been at the forefront of providing best in class services in most every asset class and product. Now we have another first with our US Agency Securities matching product. As hybrid technologies continue to grow and become increasingly more important in the US, we’ve made it a priority to offer these new products to our customers and demonstrate how they offer improved functionality and liquidity.”

Jerald Irving, President of ICAP Securities, said: “Agency Securities professionals require and depend on reliable trading solutions with rapid execution, and our e-Commerce group gives our customers that with this new hybrid product. We’re continuing our strategy of investing in new technologies in innovative ways that give our customers more options in this rapidly changing environment. We’re very excited to be launching our US Agency Securities matching engine and look forward to bringing more state-of-the-art services to the marketplace soon.”

Agency Securities are bonds issued by US Government Agencies, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Farm Credit System (FFCS).

To learn more about the ICAP e-Commerce US Agency Securities matching product or to request a demo, please contact: USeCommerceSales@icap.com



Guy Taylor Communications US +1 212 341 9759
Bryony Scragg Communications UK +44 (0) 20 7050 7124

About ICAP e-Commerce

The ICAP e-Commerce team works alongside the ICAP’s Global Broking division to develop the relationship between the firm and its clients. Using the Hybrid E-Commerce platform, the team compliments ICAP’s voice broking businesses by providing enhanced client services to markets around the world and across a range of asset classes. The team aims to enhance the experience of customers by offering the widest choice of markets, products and execution styles with which to trade with. ICAP is a people business at its core; Hybrid E-Commerce is the perfect extension of the progression of our industry.

About ICAP

ICAP is a leading markets operator 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.