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FCB Harlow Butler (Pty) Ltd (ôFCBö) South Africa was first established in 1984 as BM Interbank Brokers (Pty) Ltd. The company was taken over by the Sechold Group (1988), RP Martins (1989) and United News and Media in 1998. The demerger of Garban plc from United News and Media and the subsequent merger between Garban plc and Intercapital plc bought FCB into the ICAP group of companies.

FCB operates through four separate companies. FCB Harlow Butler (Derivatives) (Pty) Ltd, established in 1994, offers interdealer broking service in Currency Options, Interest Rate Swaps and Forward Rand Agreements. FCB Harlow Butler (Forex) (PTY) provides banks with an interdealer broking service on Dollar/Mark/Spot and Forward Commercial Rand and Forward Third Currencies. The company is the only Foreign Currency Broker in South Africa offering an on-screen dealing service in all products. FCB Harlow Butler (Capital Market) (Pty) Ltd provides banks and Johannesburg Stock Exchange Brokers with an interdealer broking on all long-term Gilts and semi-Gilt instruments. FCB Harlow Butler (Money Market) (Pty) Ltd provides an interdealer broking service to market participants on Bankers Acceptances, Term Deposits, Commercial Paper, NCDs and Repurchase Agreements.

FCB also has a dedicated desk in London servicing the South African market.

FCB-Harlow Butler Pty Ltd

105 Central Avenue
Houghton, Johannesburg
South Africa

Tel: +27 11 376 9000



Head Office

  • ICAP
    2 Broadgate
    London
    EC2M 7UR

    Tel: + 44 (0) 20 7000 5000
    Fax: + 44 (0) 20 7000 5975

    E-mail: