ICAP Launches AU Bonds ETC Fixings Platform

Sydney, 04 July 2012 – ICAP (IAP.L), the world’s leading interdealer broker, announces the completion of a front and back end upgrade of its highly successful ETC hybrid trading platform. AU Bonds on ETC is ICAP’s electronic trading community for Australian denominated bonds.

Since 2001, the ETC platform has offered customers’ access to AU Bonds which now cover Australian Corporate Bonds, Inflation Bonds, Repo, Government and Semi-Government Bonds using its proprietary technology. This enhanced version increases the overall performance and provides enriched front end functionality through a combination of voice and electronic liquidity pools, improving user’s hybrid experience.

“Traders are looking for faster and more efficient ways to execute strategies” said Dean Berry, Head of e-Commerce, IT and Operations for Asia. “Our upgraded platform answers these needs by providing customers with trading, anonymous matching and processing efficiencies across a range of related products through a single venue”.

The launch includes the addition of mid-matching functionality, allowing intraday trading at a fixed price. The fixing run is based on a mid-market price set by ICAP’s industry leading Fixed Income desk in Sydney.

Colin Gilbert, Fixed Income Division Director, added: “We appreciate the continued support of our customers who allow us to provide liquidity and transparent pricing to the Australian Bond markets.”


Colin Gilbert Fixed Income Division Director 02 9777 0866
Marie Patton Senior Vice President – Product Development +852 2532 0807
Alison Buzza Marketing &Communications, Asia Pacific 02 9777 0834

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

GPO Box 1526 Sydney NSW 2001 Australia Level 27, 9 Castlereagh Street Sydney NSW 2000 Australia
Administration +61 2 9777 0800 Facsimile +61 2 9777 0801 Website www.icap.com ACN 002 216 944 ABN 55 002 216 944