10
September
2014
|
12:32
Europe/London

ICAP voted "Overall Interdealer Broker of the Year" in Risk magazine's 2014 Interdealer Rankings

Voted Number One Broker in 31 categories

London, New York, Singapore, 10 September 2014 - ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that its Global Broking division has been voted “Overall Interdealer Broker of the Year” in Risk magazine’s 2014 Interdealer Rankings, for the second year running. ICAP was voted Number One Broker in a total of 31 categories and this is the 9th year it has been named Number One Broker in Interest-Rate Swaps.

The industry-leading awards are compiled by Risk magazine and are based on responses from dealers and brokers surveyed globally. Voters in this year’s Interdealer Rankings based their decisions on a variety of criteria, including pricing, liquidity provision, counterparty risk, speed of execution and reliability. The poll is a reflection of how market professionals view their peers and providers in terms of overall quality of service.

“The Risk magazine Interdealer Rankings are highly respected and we are extremely proud to have been recognised as Overall Interdealer Broker”, said David Casterton, CEO, Global Broking, ICAP. “In challenging market conditions, our reputation as an industry-leading interdealer broker remains important to ICAP and we continuously strive to offer our customers superior quality of service and products that help them meet their needs. On behalf of everyone at ICAP, I would like to thank our customers for their continued support and for Risk magazine’s readers for voting us number one.”

The full breakdown of Risk magazine’s interdealer rankings can be viewed here.

Ends

Contacts
Bryony Scragg Corporate Communications UK +44 20 7050 7124
Guy Taylor Corporate Communications US +1 212 341 9759

About ICAP

ICAP is a leading markets operator and provider of post trade risk mitigation and information services. Group companies provide services that match 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.

ICAP’s Number 1’s:

Category Sub-category 2014 position
Overalls Overall brokers 1
Overalls Overall - Interest rates 1
Interest rate overalls Short-term interest rates 1
Interest rate overalls Interest rate swaps 2-10 years 1
Interest rate overalls Interest rate swaps 10+ years 1
Interest rate overalls Interest rate options 1
Overall rates by currency US dollar 1
Overall rates by currency Euro 1
Overall rates by currency Sterling 1
Currency by currency pairs Euro/sterling 1
Short-term interest rates US dollar 1
Short-term interest rates Euro 1
Interest rate swaps 2-10 years US dollar 1
Interest rate swaps 2-10 years Euro 1
Interest rate swaps 2-10 years Sterling 1
Interest rate swaps 10+ years US Dollar 1
Interest rate swaps 10+ years Euro 1
Interest rate swaps 10+ years Sterling 1
Interest rate options US Dollar 1
Interest rate options Euro 1
Interest rate options Yen 1
Interest rate options Sterling 1
Interest rate options Swiss Franc 1
Cross-currency swaps US Dollar/Euro 1
Cross-currency swaps US Dollar/Sterling 1
Cross-currency swaps Euro/Yen 1
Cross-currency swaps Euro/Sterling 1
FX forwards US Dollar/Yen 1
FX forwards US Dollar/Swiss Franc 1
FX forwards Euro/Yen 1
Equity index options SMI 1