International Capital Markets
Encyclopedia
International Capital Markets, commonly known as "ICM" or "IC Markets" is an Australian based investment company offering over-the-counter (OTC) and exchange traded derivative products
Derivative (finance)
A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.Under U.S...

 including direct market access (DMA) Contracts-For-Difference
Contract for difference
In finance, a contract for difference is a contract between two parties, typically described as "buyer" and "seller", stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at contract time...

 (CFDs), foreign exchange
Foreign exchange market
The foreign exchange market is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends...

 (Forex) and global futures contracts to its retail and professional client base. International Capital Markets is one of Australia's largest CFD and Forex providers.

Clients

The Group's client base is dominated by retail clients, particularly in its CFD and Forex business.

Operations

International Capital Markets offers a wide range of financial products and services to its retail and corporate customers. In addition to its core business of Contracts-For-Difference
Contract for difference
In finance, a contract for difference is a contract between two parties, typically described as "buyer" and "seller", stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at contract time...

(CFDs), International Capital Markets other principal products and services include:
  • Futures
  • Spread Bet
  • Foreign Exchange (Forex)
  • Funds
  • Bonds


The range of underlying markets currently includes:
  • Australian and international shares
  • Global stock indices
  • FX
  • Metals
  • Energies
  • Commodities
  • Options
  • Interest rates

Online Dealing

In 2009 International Capital Markets introduced ProDeal, a web-based solution enabling ICM to offer online trading to its retail and professional client base. International Capital Markets client base increased significantly with the introduction of online dealing and now more than 90% of transactions are executed online.

Regulation

International Capital Markets is regulated by the Australian Securities and Investments Commission (ASIC) in Australia.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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