ICAP PLC ICAP is very pleased to announce today that its Global Broking division has again been voted 'Overall Interdealer Broker of the Year' in Risk magazine's 2016 rankings.
ICAP was further voted Number 1 Broker in many other categories such as short-term interest rates, interest rate options, and cross-currency swaps, among others, for a total of 29 awards out of 56 overall groups.
Frits Vogels, CEO of EMEA Global Broking at ICAP, says: 'We are very happy to receive the 'Overall Interdealer Broker of the Year' award again from Risk, which means a great deal to us especially during such challenging markets. We'd like to sincerely thank all our customers and friends who helped us achieve this recognition, and we look forward to working with them and the industry in the future.'
Risk magazine's popular awards are based on responses from dealers and brokers surveyed by the publishing group. Risk received 588 responses for this year's rankings from Europe, North America and Asia. Voters decided on many criteria including pricing, liquidity provision, counter-party risk, speed of execution and reliability but not market share. The poll is a reflection of how market professionals view their peers and providers in terms of overall quality of service.
The full story in Risk magazine about the interdealer rankings can be viewed here.
ICAP's Number 1's:
Category | Sub-category | 2016 position |
Overalls | Overall brokers | 1 |
Overalls | Overall - Interest rates | 1 |
Short-term interest rates | Euro | 1 |
Short-term interest rates | Swiss franc | 1 |
Short-term interest rates | Sterling | 1 |
Interest rate swaps 2-10 years | US dollar | 1 |
Interest rate swaps 2-10 years | Yen | 1 |
Interest rate swaps 2-10 years | Euro | 1 |
Interest rate swaps 2-10 years | Sterling | 1 |
Interest rate swaps 10+ years | US Dollar | 1 |
Interest rate swaps 10+ years | Yen | 1 |
Interest rate swaps 10+ years | Euro | 1 |
Interest rate swaps 10+ years | Sterling | 1 |
Interest rate options | US Dollar | 1 |
Interest rate options | Yen | 1 |
Interest rate options | Swiss Franc | 1 |
Interest rate options | Euro | 1 |
Interest rate options | Sterling | 1 |
Interest rate inflation swaps | Euro | 1 (tie) |
Interest rate repurchase agreements | US Dollar | 1 |
Interest rate repurchase agreements | Sterling | 1 |
Cross-currency swaps | US Dollar/Euro | 1 |
Cross-currency swaps | US Dollar/Sterling | 1 |
Cross-currency swaps | Euro/Yen | 1 |
Cross-currency swaps | US Dollar/Yen | 1 |
Cross-currency swaps | Euro/sterling | 1 |
FX products (swaps, forwards, options, exotics) | US Dollar/Euro | 1 |
FX products (swaps, forwards, options, exotics) | US Dollar/Sterling | 1 |
FX products (swaps, forwards, options, exotics) | Euro/Yen | 1 |
ICAP plc published this content on 04 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2016 19:24:07 UTC.
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