ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that its Global Broking division has been voted “Overall Interdealer Broker of the Year” in Risk magazine’s 2014 Interdealer Rankings, for the second year running. ICAP was voted Number One Broker in a total of 31 categories and this is the 9th year it has been named Number One Broker in Interest-Rate Swaps.
The industry-leading awards are compiled by Risk magazine and are based on responses from dealers and brokers surveyed globally. Voters in this year’s Interdealer Rankings based their decisions on a variety of criteria, including pricing, liquidity provision, counterparty risk, speed of execution and reliability. The poll is a reflection of how market professionals view their peers and providers in terms of overall quality of service.
“The Risk magazine Interdealer Rankings are highly respected and we are extremely proud to have been recognised as Overall Interdealer Broker”, said David Casterton, CEO, Global Broking, ICAP. “In challenging market conditions, our reputation as an industry-leading interdealer broker remains important to ICAP and we continuously strive to offer our customers superior quality of service and products that help them meet their needs. On behalf of everyone at ICAP, I would like to thank our customers for their continued support and for Risk magazine’s readers for voting us number one.”
The full breakdown of Risk magazine’s interdealer rankings can be viewed here.
