British multinational interdealer broker and provider of post trade risk and mitigation services ICAP plc (LON:IAP) has today announced that it has appointed Ted Bragg to the role of Managing Director of Fixed Income Product Initiatives in the ICAP US Securities group, effective immediately. In this new role which is based in New York, Ted will be responsible for creating and developing new hybrid fixed income products for ICAP’s US-based Global Broking group.
Jerald Irving, President of ICAP Securities, said: “Ted brings a wealth of fixed income and e-Commerce trading and leadership skills and we’re very excited to have him join our team. ICAP has made a commitment of investing in our people and technology in order to give our customers the best possible service and products, and having Ted join our group helps ensure we continue to deliver on these initiatives.”
Ted Bragg, MD of Fixed Income Products Initiatives, said: “The financial markets have experienced monumental structural change which is presenting many new opportunities. I look forward to working at ICAP and aligning various product offerings to deliver the connectivity, anonymity, transparency, and strong counter-party associations that ICAP offers.”
Ted Bragg brings 29 years of experience in the financial markets in trading, management and product areas. Before coming to ICAP, Ted held senior positions at BNY Mellon, including head of product management and e-commerce strategy and co-head of fixed income trading. He has also worked at Pershing, eSpeed, Fidelity Capital Markets, Lehman Brothers and Barclays Capital.
For the official announcement from ICAP, click here.