28.05.12
ICAP's iLinked to offer index futures rolls e-trading
London, May 28, 2012 - ICAP, the world's leading interdealer
broker, announces today that
it has added index futures rolls to its recently launched
equity derivatives electronic offering,
iLinked, on the ICAP Securities Limited Multilateral Trading
Facility (MTF). This is the first
interdealer offering of electronic trading in this product,
underlining ICAP's role as a leader in
the move towards the electronification of OTC markets.
ICAP is offering trading in the following index futures
rolls: EuroStoxx, FTSE, EuroStoxx &
Stoxx sectors, DAX and AEX and plans to add further indices
in the future.
Garry Stewart, ICAP's Managing Director, Equity Derivatives,
EMEA, said:
"We have seen strong customer demand for iLinked since its
launch in March this year and
already have 25 participating firms. The addition of futures
rolls to the platform today is the
result of customer demand and the continuing need to bring
OTC liquidity onto an orderly
and transparent electronic platform."
iLinked offers traders improved spreads and provides greater
price transparency for ICAP's
customers. As a hybrid service, it offers traders the option
of transacting electronically or
using a voice broker. The platform offers a range of over the
counter equity derivatives
products, allowing traders to access a transparent pool of
liquidity across over 200
instruments.
Ends
Contacts:
Brigitte Trafford Director of Corporate Affairs +44 (0) 20
7050 7103
Alex Dee Head of Investor Relations +44 (0) 20 7050 7123
Charlotte Walsh Corporate Communications +44 (0) 20 7050
7124
About ICAP
ICAP is the world's leading interdealer broker and provider
of post trade risk and information
services. The Group matches buyers and sellers in the
wholesale markets in interest rates,
credit, commodities, FX, emerging markets and equity
derivatives through voice and
electronic networks. Through our post trade risk and
information services we help our
customers manage and mitigate risks in their portfolios.
www.icap.com.