ICAP plc, a leading markets operator and provider of post trade risk mitigation and information services, announced that it has been awarded the “Americas Interdealer Broker of the Year” award from GlobalCapital Derivatives. ICAP received the award at the GlobalCapital Derivatives’ America’s Derivatives Awards event in lower Manhattan on the evening of April 22.
Robert McGlinchey, editor of GlobalCapital Derivatives, said: “Among the senior sellside figures that were interviewed as part of the awards research process, ICAP ranked the top overall cross-asset interdealer broker in the Americas. It has been identified as a leader in adapting to changes in regulation and market structure over the last year and has continued to see increased traction in its electronic broking business.”
John Nixon, ICAP Group Executive Director, Americas, said: “We’re very honored to receive this award and would like to thank all those who voted for ICAP as well as GlobalCapital Derivatives. We place a premium on offering our customers the best service and trade execution, especially in today’s changing environment, and this award signifies we are succeeding in this goal.”
The editorial team of GlobalCapital Derivatives interviewed senior sellside and buyside representatives active in the derivatives market in the Americas across all asset classes. In the interdealer broker category, ICAP’s i-Swap and BrokerTec platforms found particular praise among clients in the Americas.