ICAP Global Broking launches first matching session in investment grade corporate Eurobonds

11 June 2015

- ICAP’s hybrid execution business expands its global footprint

London, 11 June 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 has launched its first matching session in investment grade (IG) corporate Eurobonds, complementing ICAP’s existing execution model in this market.

Bringing together buyers and sellers of IG corporate Eurobonds, the matching session will provide ICAP customers with a seamless user experience at a time when liquidity remains adversely low. Accessed via ICAP Global Broking’s e-Commerce portal, the matching session takes place in the hybrid environment supported by ICAP voice brokers.

David Casterton, CEO of Global Broking, ICAP, said: “Across numerous asset classes, ICAP Global Broking continues to expand our electronic capabilities through our hybrid platforms. Combining both new and traditional execution methods, our first matching session for IG Corporate Eurobonds provides EMEA customers with much needed liquidity and cutting edge functionality.”

Clive England, Head of e-Commerce, US & Global Matching, ICAP, said: “Through solutions provided by ICAP e-Commerce, Global Broking is extending its global footprint by further leveraging our matching technology in new markets, becoming more seamless and providing clients with an ever-increasing range of new and innovative products.”

To learn more about the ICAP e-Commerce Eurobond product, please contact: emeaecommercesales@icap.com

ENDS

Contacts

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 Global Broking business 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 and 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 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.

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