The broker and provider of post trade risk and information services launched ISDX, after the rebranding and necessary changes in PLUS Stock Exchange, which it bought in June this year.
The company has decided to introduce a new admissions framework in 2013, with an aim to implement stern common standards for companies joining ISDX and strengthen investor confidence.
Its new exchange website isdx.com, will offer real-time pricing information, news, account downloads and charting information, thus allowing companies to communicate more effectively with investors.
The new platform will enable SMEs to raise capital on the primary market and investors to trade shares in these companies on an active secondary market.
ICAP has established a new management team committee led by Seth Johnson CEO of ICAP Securities & Derivatives Exchange and member of ICAP’s Global Executive Management Group, to take care of functioning of the exchange.
ICAP helps buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks.
