1. ICAP Plc, the world's largest broker of transactions between banks in bonds, stocks, currencies and their derivatives doubled revenue from lower-cost electronic trading to 113 million pounds in the second half by its acquisition in June of computer-based currency broker EBS garnering a 45 percent share of the electronic broking market.
2. It spent 40.9 million-pound for consolidation of its business including EBS.
3. ICAP has encouraged customers to use its computer platforms for the most frequently traded securities such as bonds and currencies, rather than dealing with a broker over the phone because the costs are lower.
4. It is focusing on more complex structured products for its voice broking business.
5. It is open-minded on future possible acquisitions.
Continuous improvement is the key.
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