lse iap industry financial services founded 2009 headquarters london united kingdom key people charles gregson non executive chairman michael spencer group ceo stuart bridges group finance director john sievwright senior independent director robert standing independent non executive director ivan ritossa independent non executive director revenue 1 276 million 2015 1 operating income 252 million 2015 1 net income 84 million 2015 1 number of employees 4 300 2015 1 website www.icap.com icap plc is a uk based voice and electronic dealer broker and provider of post trade risk services the largest in the world carrying out transactions for financial institutions rather than private individuals . icap is an abbreviation for intercapital a name by which the business was previously known . the company is listed on the london stock exchange and is a constituent of the ftse 250 index . contents 1 history 2 operations 3 historical data 4 competition 5 see also 6 references 7 external links history edit the company developed from a merger between garban plc and intercapital plc which created garban intercapital plc in 1999 . 2 intercapital plc was originally founded by michael spencer in 1986 as intercapital private group limited ipgl ; in 1998 it was acquired by exco plc in a reverse takeover and the enlarged business was renamed intercapital plc. 3 garban plc was originally established in the 1970s as the financial services division of mai plc. several takeovers followed starting in 1977 when mai plc acquired harlow meyer and co. mallon & dorney and garvin guybutler were both acquired by 1982 and in 1983 garban llc was acquired giving mai plc significant broking interests in the uk and overseas . in 1996 mai plc was merged into united news & media plc its financial services division was then de merged and listed on the london stock exchange in 1998 as garban plc. 2 the company changed its name from garban intercapital plc to icap plc in 2001 . 2 in 2006 it bought ebs a major trading platform for foreign exchange . 4 on 5 december 2007 icap acquired traiana inc. for 247 million 121 million . 5 traiana is a provider of post trade processing client servicing and trading partner integration solutions for financial institutions . the company is headquartered in london and has a development centre in tel aviv israel . 6 in june 2012 icap acquired plus stock exchange plc and relaunched it as the icap securities and derivatives exchange isdx one of only six regulated investment exchanges rie in the united kingdom the others being the london stock exchange lse the london international financial futures and options exchange liffe the london metal exchange lme the intercontinental exchange ice and bats chi x europe . 7 in september 2013 icap settled allegations that they had manipulated the london interbank offered rate libor . the united states department of justice charged three former employees and icap paid 65 million to the u.s. s commodity futures trading commission and 14 million 22 million to britain s financial conduct authority . 8 in october 2014 icap s in house legal team was awarded the legal 500 2014 uk in house team winner in the litigation category . 9 in november 2015 icap agreed terms for the disposal of their global hybrid voice broking and information business to tullett prebon including icap s associated technology and broking platforms and certain of icap s joint ventures and associates . 10 operations edit icap trades in a number of areas including interest rates credit credit derivatives foreign exchange interest rate swaps intellectual property patents via icap patent brokerage and equity derivatives . 11 icap plc is headquartered in london united kingdom and operates from london new york jersey city and tokyo with offices in a further 30 smaller financial centres such as hong kong madrid sydney and singapore . the average daily transaction volume for icap plc exceeds us 1.5 trillion . 12 the business is managed across the following three divisions global broking by geographic region electronic markets and post trade risk mitigation and information . historical data edit icap data is available at a number of partner companies that offer institutional investor data . these include macrobond 13 and thomson reuters datastream . 14 competition edit bgc partners gfi group tradition tradeweb tullett prebon see also edit broker dealer foreign exchange tullett prebon companies portal references edit a b c d annual report 2015 pdf . icap . retrieved 1 february 2016 . a b c icap history . icap.com . retrieved 18 april 2011 . numis corporation board changes pdf . retrieved 18 april 2011 . icap agrees to buy electronic currency broker ebs hamish risk and andrew reierson bloomberg 2006 04 21 icap acquires israeli post trade software firm traiana . itpro . 11 oct 2007 . traiana inc. company profile . businessweek . icap acquires plus markets unprofitable stock exchange . bloomberg . 18 may 2012 . retrieved 21 march 2014 . scott mark and julia werdigier september 25 2013 . icap to pay 87 million fine in libor fixing case . the new york times . retrieved 2013 09 26 . legal 500 awards 2014 . the legal 500 . retrieved 2014 10 15 . tullett to acquire icap s global hybrid voice broking business . bloomberg . retrieved 2015 11 11 . icap plc 2007 annual report p2 icap and the otc markets . miranda.hemscott.com . retrieved 18 april 2011 . madhumathi r. 2012 . derivatives and risk management . pearson . p. 57 . isbn 978 813175993 6 . icap otc interest rates . macrobond financial . april 2013 . retrieved october 31 2015 . expanded icap universe available in datastream pdf . thomson reuters . december 2014 . retrieved october 31 2015 . external links edit icap website v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title icap company & oldid 719587588 categories companies based in londoncompanies established in 1986companies listed on the london stock exchangemultinational 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