ICAP wins two awards at FX Week Best Banks awards
21 November 2012
'Best Spot FX Broker' for 10th consecutive year
Receives 'Best Broker for Emerging Markets' for first time
London, 21 November, 2012 – ICAP (IAP.L), the world's leading interdealer broker and provider of post trade risk and information services, today announced that it has won 'Best Broker for Emerging Markets' and 'Best Spot FX Broker' in FX Week's annual Best Banks Awards 2012. This is the first time that ICAP has won the Emerging Markets broker award and the 10th consecutive year it has received the Best Spot FX Broker award.
The awards are for excellence in both electronic and voice broking and are voted for by FX Week readers. Andrew Berry, managing director, FX and emerging markets in London said: "Despite challenging markets we have stayed focused on our Emerging Markets business. We have a broad cross-section of currencies and a dedicated team which has given us a competitive advantage".
Jeff Ward, global head of FX sales at EBS in London, said: "We are honoured to have won the FX Week award for Best Spot FX Broker and Best Emerging Markets Broker. On behalf of ICAP's EBS team, I would like to thank our customers for their ongoing support and we look forward to continuing to work with them to further grow and strengthen the EBS platform".
The annual industry survey, which asks banks, corporates and investors to vote for their favourite trading counterparties across 39 separate categories, was carried out between August 13 and September 17, 2012.
Serra Balls Head of Public Relations, ICAP +44 (0) 20 7050 7124
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.
ICAP's award-winning electronic EBS platform is at the heart of global spot FX trading and remains the core source of genuine, executable spot FX liquidity for professional trading counterparties in all market conditions. EBS delivers impartial and effective access to spot FX, precious metals and NDF traders globally, offering optimal price discovery and execution, and supports a wide range of FX trading strategies, as well as API and manual trading. For more information, go to www.ebs.com.