ICAP voted first place in interest rate broker category in Risk Magazine Interdealer Rankings 2011
London - 8 September 2011
ICAP plc, the world’s premier interdealer broker and provider of post trade risk and information services, announced today that it has been voted first place in the interest rate broker category in Risk Magazine’s annual interdealer rankings published this month. This is the sixth consecutive year that ICAP has won this award. ICAP gained first place in more interest rate product categories than any other broker (18). ICAP’s joint venture in the currency options market, Tradition-ICAP, was successful in a further six products in the currencies category and ICAP came first place a further four times, also in the currencies category.
Frits Vogels, Managing Director of Interest Rates and Emerging Markets, ICAP London, said:
“We are delighted to have been voted best interest rate broker by our customers for the sixth consecutive time. We always aim to offer the highest level of service to our customers and this award reaffirms both their support and the strength of our interest rate business. As our initiatives in both voice broking and electronic trading of interest rate swaps gain traction, we look forward to continuing to work with them to meet their needs”.
The 2011 Risk Interdealer Rankings 2011 surveyed over 1,600 market professionals and covered 97 derivatives categories across the interest rate, FX, credit and equity derivative markets.