Monday, January 4, 2010

What is ICAP?-Free Investment Analysis

Firm Information

ICAP, previously known as Intercapital, is the largest inter-dealer money broker in the world. It is based in UK and carries out transactions for financial institutions rather than individuals. An interdealer broker matches buyers and sellers in wholesale markets, so that deals can be executed by its customers. ICAP uses voice brokering or electronic networks to facilitate price discovery and liquidity, receiving a commission when a transaction is completed.

Michael Spencer is the current CEO of ICAP who helped generate revenues of...click here to read the rest.

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