Icap thrives on market volatility

Icap does not break out FX figures, but it announced profits for its derivatives and money broking business of £56.9 million, slightly above the figures for 2002, which stood at £55.2 million. A spokesperson for the firm in London said Icap's position had continued to grow in FX due to increased activity in the forex market last year.

In 2002, Icap estimated that the global inter-dealer broker market for FX, over-the-counter derivatives, fixed income, money-markets products, energy, credit a

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: