ICAP Completes Acquisition of Arkhe, Leading Independent Brazilian Broker

Wed. July 29, 2009; Posted: 09:58 AM

LONDON & NEW YORK & RIO DE JANEIRO, Jul 29, 2009 (BUSINESS WIRE) -- IAPLF | Quote | Chart | News | PowerRating -- ICAP plc (IAP.L), the world's premier voice and electronic interdealer broker, announced today that its wholly-owned subsidiary, ICAP do Brasil Corretora de Titulos e Valores Mobiliarios Ltda. (ICAP CTVM), has received approval from the Banco Central do Brasil, the Central Bank of Brazil, for its acquisition of all of Arkhe Distribuidora De Titulos E Valores Mobiliarios S.A. (Arkhe DTVM), thereby completing the transaction.

On 7 November 2008, ICAP announced its intention to acquire Arkhe, a leading independent broker in Brazil.

About ICAP plc

ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP has an average daily transaction volume in excess of $2.3 trillion, more than 40% of which is electronic. ICAP is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, please go to www.icap.com.

About Arkhe DTVM

Started in 2000, Arkhe is a private, shareholder company and a leading independent Brazilian broker, with headquarters in Rio de Janeiro and another office in Sao Paolo, which houses a state-of-the-art trading floor. The group has a brokerage staff of 100 and offers brokerage services in BM&FBOVESPA derivatives and agricultural commodities, FX options, OTC products, and Brazilian government and corporate bonds. For more information, please go to www.arkhe.com.br. Dutra Leite e Brandao Cavalcanti Advogados and Pinheiro Guimaraes Advogados provided advice to Arkhe in relation to this transaction.

SOURCE: ICAP plc

Arkhe Communications 
Luiz H. L. Teixeira, +55 (21) 2517 7714 
or 
ICAP Corporate Affairs 
Mike Sheard, +44 (0) 20 7050 7103 
or 
ICAP Communications 
Guy Taylor, +1 212-341-9759

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