ICAP leaves guidance unchanged

Inter-dealer broker ICAP said it has seen an increase in risk appetite in some markets this year, but has left full year guidance unchanged from that given at the time of its last update at the beginning of February.

Inter-dealer broker ICAP said it has seen an increase in risk appetite in some markets this year, but has left full year guidance unchanged from that given at the time of its last update at the beginning of February.

The firm's voice business has seen a pickup in interest rate markets, but credit markets remain challenging, although there has been an increase in issuance.

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