10.12.09


ICAP opens New York LME base metals desk


London/ New York, 10 December 2009 – ICAP plc (IAP.L), the world’s premier interdealer broker, has expanded its base metals broking business and opened a New York sales desk with the hire of Marc Carozza. Marc previously worked for Bear Stearns and Calyon Financial.

ICAP began broking London Metal Exchange (LME) base metals in January 2009, with a Category Two membership of the LME, and is now a leading broker in futures and options on LME metals contracts.
Robert Rees, Managing Director, Global Base Metals, said: “We are focused on extending our global reach in base metals and building on the successes of our London based business.”

Contacts

Candice Adam Corporate Communications +44 (0) 20 7050 7104
Guy Taylor Corporate Communications +1 212-341-9759



Additional Information

Investor Relations and Media

  • Brigitte Trafford
    Director of Corporate Affairs
    Tel: +44 (0) 20 7050 7103
  • Alex Dee
    Head of Investor Relations
    Tel: + 44(0)20 7050 7123