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  • CFTC Charges ICAP Europe Limited, A Subsidiary Of ICAP Plc, With Manipulation And Attempted Manipulation Of Yen Libor - ICAP Europe Limited Ordered To Pay A $65 Million Civil Monetary Penalty

    Date 25/09/2013

    The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order against ICAP Europe Limited (ICAP), an interdealer broker, bringing and settling charges of manipulation, attempted manipulation, false reporting, and aiding and abetting derivatives traders’ manipulation and attempted manipulation, relating to the London Interbank Offered Rate (LIBOR) for Yen.  LIBOR is a critical benchmark interest rate used throughout the world as the basis for trillions of dollars of transactions.  ICAP is a subsidiary of U.K.-based ICAP plc.

  • UK’s Financial Conduct Authority Review Of Medium-Sized Firms’ PPI Complaints Handling Finds Significant Room For Improvement

    Date 25/09/2013

    The Financial Conduct Authority (FCA) today published the findings of a complaints handling review of 18 medium and small sized firms currently handling payment protection insurance (PPI) complaints.

  • ICAP Plc Trading Statement

    Date 25/09/2013

    ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces its trading update ahead of the close period for the half year ending 30 September 2013.

  • Terry Gibson Joins AlfaSec Advisors

    Date 25/09/2013

    AlfaSec Advisors is pleased to announce that Terry Gibson has joined the firm as Senior Consultant effective September 25, 2013.  Terry will be based in Singapore but will cover the Asia and Middle East regions.

  • ICAP Europe Ltd Reaches Settlements With FCA And CFTC

    Date 25/09/2013

    ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, today announces that one of its Global Broking division's subsidiaries, ICAP Europe Limited (IEL), has reached settlement agreements with the Financial Conduct Authority (FCA) and the U.S. Commodity Futures Trading Commission (CFTC) relating to the involvement of certain brokers in the attempted manipulation of YEN Libor by bank traders between October 2006 and January 2011.