Convertibles

Convertible Bonds (CBs) are bonds issued by companies that are 'convertible' or exchangeable into common stock. They give the holder the right to 'convert' or exchange the bond for common shares of the underlying stock at a fixed ratio and fixed price during a particular period.

ICAP are the market leader in European and Far Eastern Convertible bonds, providing unmatched liquidity & execution in an increasingly competitive market. A voice-brokered product, the emphasis is becoming even more reliant on broker-dealer relationships in order to facilitate liquidity in a complex market.

Additional Information

Contact Details

  • London: + 44 (0)20 7532 4009
  • Singapore: + 65 6329 9156