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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