Icap launches credit information service

The new service forms part of the interdealer broker's diversification away from the traditional voice-broking business

Interdealer broker Icap has launched a credit derivatives rating service as it continues its diversification away from the traditional voice-broking business.

The world's largest interdealer broker said this morning that it has teamed-up with US-headquartered alternative rating and analytics services firm Rapid Ratings to provide information on company names.

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