ICAP To Create Global Broking Division

ICAP plc, the world’s leading interdealer broker and provider of post trade risk and information services, is today announcing an internal reorganisation which will for the first time create a single, global voice broking division to reflect the changing nature of its business and serve customers more effectively. The reorganisation mirrors the way ICAP’s Electronic and Post Trade divisions are already run on a global basis and will enable the group to execute a global strategy for voice and hybrid broking services. The division will also be renamed "Global Broking" from "Voice" as it better describes ICAP’s broking interface to markets and the significant and increasing electronic component.