4th May 2007 14:09
ICAP plc (IAP.L) has been voted "Best Data Provider " in a poll offinancial services professionals for the 2007 Inside Market DataAwards. ICAP saw off competition from other interdealer brokers to winin the Broker category. £ The accolade recognizes ICAP's position as the benchmark forglobal OTC market information. Derived from ICAP's global dailyaverage transaction volumes in excess of $1.5 trillion, ICAP's datarepresents pricing across a wide range of asset classes, time zonesand financial instruments. ICAP is active in the wholesale markets ininterest rates, credit, energy, foreign exchange and equityderivatives. £ John Nixon, Director of Global Market Data Services for ICAP,said: "ICAP sets the standard in original, authoritative and relevantmarket information for professionals in the global financial markets.We are delighted to win Best Data Provider and grateful to our peersand customers who voted in recognition of the value we add to theirbusiness." £ ICAP's real-time market data offerings are sourced from theGroup's award-winning global interdealer broking platforms. ICAP FXLive offers real-time streaming spot FX prices, with sub-millisecondtime slices of best rates actively quoted on the ICAP's EBS platform,at a consistently average speed of less than 50 milliseconds. Thissignificantly minimises latency and reduces customer risk andexposure. £ ICAP's suite of historical market data products provide thedefinitive view of historical market activity. End-of-Day dataincludes complete order book and active trade data from ICAP'selectronic BrokerTec platform and ICAP's GovPX service for U.S.Treasuries. £ The Inside Market Data awards are designed to highlight industryexcellence in market data, reference data and enterprise datamanagement and celebrate the outstanding companies and products of thedata industry over the past year. £ About ICAP plc: £ ICAP is the world's largest interdealer broker with a dailyaverage transaction volume in excess of $1.5 trillion, more than 50%of which is electronic. The Group is active in the wholesale marketsin interest rates, credit, energy, foreign exchange and equityderivatives. In June 2006 ICAP acquired EBS, the world's leadingprovider of FX trading and market data solutions. ICAP plc was addedto the FTSE 100 Index on 30 June 2006. For more information go towww.icap.com Copyright Business Wire 2007Related Shares:
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