7 Administrative Assistants from ICAP submitted salaries.
ICAP is one of the world's largest derivative brokers. The company uses voice and electronic networks to match buyers and sellers in equity transactions with interest rates, credit, commodities, FX, emerging markets and equity derivatives. ICAP is the largest company in the world that provides such services to financial institutions rather than to private individuals.
The brokerage is headquartered in London, UK, and maintains large offices in the New York City metropolitan region and Tokyo. ICAP also maintains 21 smaller offices in less important financial centers like Madrid and Sydney. The brokerage deals with a daily transaction volume of $1.4 trillion on average, 60 percent of which is administered electronically. In 2012, the company generated net revenues of £187 million.
The company was created through the 1999 merger between Garban plc and Intercapital plc. At first, the fledgling brokerage was known as Garban-Intercapital plc, but that was changed to ICAP in 2001. ICAP is an abbreviated version of "Intercapital."
ICAP employs 5,100 workers worldwide. In June 2012, the company announced major layoffs in its New York and London offices as part of an operational campaign to shave $70 million off its operational expenses. Salaries are competitive, and brokers and sales staff have the opportunity to earn very large commissions.
CFO is the highest paying job at ICAP at $226,000 annually.
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