ICAP Named Broker of the Year By Energy Risk
Posted on: Thursday, 18 May 2006, 09:10 CDT
HOUSTON, May 18 /PRNewswire/ -- ICAP plc today announced that its energy commodity arm ICAP Energy has been named "Broker of the Year" by Energy Risk for the second consecutive year. ICAP received this year's honor at the Energy Risk Awards 2006 last night at the Intercontinental Hotel in Houston, Texas.
"We are pleased the Energy Risk survey has recognized us for this award. In receiving this honor for a second consecutive year, this is a testament to our staff and customer relationships. On behalf of the employees of ICAP Energy, I would like to personally thank each of our customers for their support throughout the year," said Paul Newman, Managing Director of ICAP Energy LTD.
This special recognition, the highest honor of the broker category, is determined by Energy Risk through a comprehensive survey of the energy commodity markets for the 'best of the best' in a number of products and services offered to the market. ICAP Energy has once again been rated highly across a number of categories tracked by the publication.
"As we continue to develop our products and service offerings across the energy commodity spectrum, awards such as this validate our proposition. Our continued aim is to deliver this level of service at a minimum and provide our customers with access to the most comprehensive suite of execution and clearing services," said Dennis Crum, CEO of ICAP Energy LLC.
ABOUT ICAP ENERGY
ICAP Energy is the energy-focused commodity arm of ICAP plc, providing specialist intermediary execution and clearing services for base and precious metals, emission credits, crude oil and oil products, electricity, natural gas, coal, freight and weather derivatives. ICAP Energy is a leading global energy broker with operations in ten centers throughout the world. For additional information, please visit http://www.icapenergy.com/.
ICAP is the world's largest inter-dealer broker and following the acquisition of the BrokerTec fixed income securities businesses is the world's leading electronic broker of fixed income securities with a daily average transaction volume in excess of $1 trillion, 50% of which is electronic. The Group is active in the wholesale market for OTC derivatives, fixed income securities, money market products, foreign exchange, energy, credit and equity derivatives.
ICAP Energy was named Broker of the Year by Energy RISK magazine in a poll of market participants.
ICAP Energy
CONTACT: Dennis Crum of ICAP Energy - US, +1-502-212-4903, or PaulNewman of ICAP Energy - UK, +44-20-7000-5244, or Ivette Collazo,Communications Director of ICAP N.A., +1-212-815-6886, or Mike Sheard,Director of Corporate Affairs, +44-20-7050-7103
Web site: http://www.icapenergy.com/
Source: PRNewswire
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