Inter-dealer broker ICAP plc (IAP.L), in response to the recent media speculation on the CFTC's inquiry in to the IDSAFIX process, said it is not aware of the allegations prior to the media speculation, and is investigating the same. ICAP is not ready to comment until those investigations are complete.
ICAP also noted that it does not make submissions to ISDAFIX, and is involved in the administration of part of the ISDAFIX process. The Group is also cooperating with the CFTC's wider inquiry into this area. ICAP maintains policies that prohibit any of the behaviour that has been alleged in the media.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.