ICAP plc (IAP.L), the world’s premier interdealer broker, has expanded its base metals broking business and opened a New York sales desk with the hire of Marc Carozza. Marc previously worked for Bear Stearns and Calyon Financial.
ICAP began broking London Metal Exchange (LME) base metals in January 2009, with a Category Two membership of the LME, and is now a leading broker in futures and options on LME metals contracts.
Robert Rees, Managing Director, Global Base Metals, said: “We are focused on extending our global reach in base metals and building on the successes of our London based business.”
