ICAP's iLinked offers index futures rolls e-trading
First Published 28th May 2012
ICAP adds index futures rolls to equity derivatives electronic offering
London - Interdealer broker Icap has announced the addition of index futures rolls to its recently launched equity derivatives electronic offering, iLinked, on the ICAP Securities Limited Multilateral Trading Facility (MTF).
Icap is offering trading in the following index futures rolls: EuroStoxx, FTSE, EuroStoxx & Stoxx sectors, DAX and AEX and plans to add further indices in the future.
Garry Stewart, Icap's Managing Director, Equity Derivatives, EMEA, said: "We have seen strong customer demand for iLinked since its launch in March this year and already have 25 participating firms. The addition of futures rolls to the platform today is the result of customer demand and the continuing need to bring OTC liquidity onto an orderly and transparent electronic platform."
As a hybrid service, iLinked aims to offer traders the option of transacting electronically or using a voice broker. The platform offers a range of over the counter equity derivatives products, allowing traders to access a transparent pool of liquidity.