ICAP, Volbroker To Put Emerging Markets FX On Screen

  • 14 Nov 2001
Email a colleague
Request a PDF

Dedicated electronic platform Volbroker plans to start brokering emerging market foreign exchange derivatives after the merger with TFS-ICAP. Mike Leibowitz, managing director at TFS-ICAP, said the firm's long-term plan is to put all its foreign exchange derivatives on Volbroker. However he continued that Asian, eastern European and Latin America currencies would be a priority because of the large volumes ICAP brokers through the voice market. He declined to set a timeframe as the merger does not come into effect until Dec. 1.

The two firms announced plans to merge their foreign exchange businesses last week. Volbroker was set up with capital from several of the major derivatives houses, including Deutsche Bank, J.P. Morgan and Goldman Sachs. The system trades through screens on traders' desks that are connected via a dedicated network.

  • 14 Nov 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 344,234.82 1335 8.11%
2 JPMorgan 339,975.37 1458 8.01%
3 Bank of America Merrill Lynch 303,833.99 1046 7.15%
4 Barclays 256,068.68 961 6.03%
5 Goldman Sachs 226,910.60 765 5.34%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,845.71 193 6.55%
2 JPMorgan 45,135.56 102 6.32%
3 UniCredit 39,106.98 168 5.47%
4 Credit Agricole CIB 36,468.56 180 5.10%
5 SG Corporate & Investment Banking 35,682.25 138 4.99%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,088.48 62 8.97%
2 Goldman Sachs 13,469.15 66 8.58%
3 Citi 9,948.21 58 6.34%
4 Morgan Stanley 8,572.10 54 5.46%
5 UBS 8,391.04 36 5.34%