During the Internet boom, while many firms were staking out early positions in e-commerce, Michael Spencer was wheeling and dealing the old-fashioned way, cobbling together businesses that became London-based Garban-Intercapital in 1999. The interdealer brokerage, the world’s biggest, was renamed ICAP in 2001, and by then CEO Spencer was on his way to becoming one of the industry’s most vocal and persistent technology proponents — undaunted despite what he describes as “ongoing structural challenges” and “extremely difficult trading conditions” that drove ICAP’s revenue down 5 percent in the year ended March 31, to £1.4 billion ($2.3 billion). Although traditional voice brokerage “will continue to be essential” for complex or bespoke transactions, the 59-year-old says, “I recognized that the future was in electronic broking, posttrade and information services.” Indeed, those parts of ICAP contributed 69 percent of its £295 million operating profit, up from the two previous years’ 66 percent and 59 percent. Noting that 25 percent of the firm’s 4,900 employees are “engaged in technology-related activities,” Spencer says a “global research and development capability,” with hubs in Israel, Sweden and the U.S., is producing such innovations as EBS Direct, designed to enhance liquidity and credit risk management in currency trading, and the CreditLink platform from ICAP’s Traiana unit, created to support trading under new derivatives market rules. ICAP’s dual-registered, U.K.-U.S. swaps execution facility is another of the “initiatives where ICAP has responded to regulatory change.”
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| 托马斯Secunda. 彭博 |
杰弗里西切尔 洲际交流 |
凯瑟琳百分点 美国银行公司 |
斯蒂芬纽夫 保证利投资 |
Lance Uggla. markit. |
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| 罗伯特戈德斯坦 黑石 |
大卫克雷格 汤姆森路透社 |
Phupinder Gill. CME集团 |
Anna Ewing. 纳斯达克 OMX组 |
R. Martin Chavez. 高盛集团 |
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| 黛博拉霍普金斯 花旗企业 |
丹马利森 瑞士信贷 |
Daniel Coleman. kcg holdings. |
迈克尔斯宾塞 icap. |
迈克尔博德森 存款信托和 清算公司 |
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| 乔·哈特曼 蝙蝠全球市场 |
Dominique Cerutti. Eureonext. |
Ron Levi. GFI集团 |
Gaurav Suri. D.E.肖群 |
查尔斯李 香港 交流和 清算 |
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| 娄eccleston. S＆P大写智商 |
李olesky. TradeWeb Markets. |
Richard Mcvey. MarketAxess Holdings. |
Seth Merrin. Liquidnet Holdings. |
Antoine. shagoury 伦敦库存 交易所集团 |
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| 克里斯托弗 Perretta. 州街道公司 |
凯文莱茵林 威尔斯法尔戈＆Co. |
彼得克 摩根士丹利 |
赫科明星 DeutscheBörse. |
罗伯特亚历山大 首都一 金融公司 |
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| 大卫格森 超前 |
克里斯科拉多 MSCI. |
Joseph Squeri. 堡垒 |
Tanuja Randery. BT全球服务 |
约翰贝茨 软件AG |
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| 加里斯特坚信 主要财务集团 |
大卫格雷德希尔 DBS银行 |
西蒙花环 KX系统 |
Cristóbalconde. 金融科技创新实验室 |
杰夫帕克 Eidosearch. |
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| Kim Fournais＆ Lars Seier Christensen 萨克索银行 |
肯尼斯马林 马林＆associates. |
泰勒金 Maplesfs. |
Jim McGuire. 查尔斯施瓦布公司 |
吉姆米尼克 ev |
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| 史蒂文奥海伦 numerix. |
SebastiánIria. 公理瘤 |
Yasuki Okai. 野村研究所 |
Niki Beattie. 市场结构合作伙伴 |
Mas Nakachi. OpenGamma. |