Exotix

ICAP has a 19.9% shareholding in Exotix, a securities firm specialising in broking emerging market illiquid debt and equity, boutique investment banking, advisory and structured financial instruments.

Exotix has grown into a global team of 25 individuals with vast experience in emerging markets. Based in different cities throughout the world: London, New York, Buenos Aires and Jakarta, it is recognised as a market leader in distressed debt of certain African and Latin American countries and several other esoteric markets such as Cuba, Bosnia and North Korea.

While Exotix trades mostly euroclearable or Clearstream assets, it also trade loans, promissory notes and convertible bonds. Prices and research for clients are available on the Bloomberg page EXOL and the Exotic Limited website www.exotix.co.uk.

Exotix Limited settles all of its trades in the name of ICAP Securities Limited, which is fully owned subsidiary of ICAP plc.

Exotix is authorised and regulated by the Financial Services Authority (FSA).