ICAP is the leading global broker in an extremely wide range of interest rate products. We offer a combination of voice, electronic and combined broking solutions, ensuring that our customers can access the liquidity they want, in the interest rate products they want, when they want.
Our electronic offering is built around BrokerTec, a state-of the-art trading platform built for the market by the market. BrokerTec facilitates our delivery of a full suite of liquid interest rate products to the desks of our customers around the world.
Our combined broking service combines the efficiency of electronic trading, such as transparency, distribution and straight-through processing, with the benefits of price discovery that skilled voice brokers can offer in less liquid or more complex instruments. Each month ICAP publishes average daily volume data in selected products. The volume figures cover electronically traded products – spot foreign exchange, US Treasury products, European and US repo products.
