ICAP plc is the largest inter-dealer broker in the world. The markets we cover range from interest rates to energy to foreign exchange. In the energy markets, ICAP is recognized as a leading broker across the entire spectrum of energy products. ICAP was named “Top Broker Overall – Energy” by Risk Magazine in 2005, 2006, 2007 and 2008.
ICAP United Inc. is a leader in emissions brokerage. Formerly, United Power, we were one of the first companies to launch an emissions brokerage desk to cover these markets. The core of the brokerage team has been together for eight years. During this time, our brokers, led by Tom Gibson have developed deep relationships with key players in the industry ranging from financial traders to unregulated utilities to regulated utilities.
ICAP has been in the business of brokering energy commodities for fifteen years and in the business of brokering and advising clients in emissions for 9 years. From the beginning of the EPA’s Clean Air Markets Division, ICAP has been a leader in meeting our customer’s needs for buying and selling allowances. Since 2000, ICAP has brokered more than 550,000 NOx allowances and options and more than 50 million SO2 allowances and options. More recently, since 2006, ICAP has brought together approximately 70 different counterparties for NOx transactions. ICAP has direct telephone lines with more than 30 emissions traders. We are in constant contact with key market participants. Customers who work with ICAP have access to the broadest array of counterparties within the marketplace.