INDIA'S WHOLESALE FINANCIAL MARKETS | SINCE 1994

Connecting India's Institutional Markets with Precision.

ICAP India connects banks, financial institutions and market participants through trusted execution, market expertise and technology.

30+Years of market expertise
250+Institutional clients
100+Experienced brokers
5+Core market segments

Global Network

TP ICAP Group

World leaders in liquidity and data solutions across fixed income, foreign exchange, commodities, and equities. TP ICAP Group is the world’s leading interdealer broker, with presence in more than 30 countries.

About TP ICAP Group

Local Expertise

ICAP India

ICAP IL India Private Limited is a leading intermediary in India’s wholesale financial markets, operating as a specialised interdealer broker for institutional clients. Established in 1994 and headquartered in Mumbai, the firm is part of TP ICAP Group plc.

About ICAP India

Electronic Markets

I-Stream: Electronic OTC Trading for Institutional India

  • Real-time price discovery in OIS, Mod-MIFOR, and FX fixing markets
  • Direct market access with seamless electronic execution
Explore I-Stream
USD-INR Spot Fix trading interface showing bids, offers, prices and order depth