ICAP (London)
3.3 of 5 26 reviews
www.icap.com London, United Kingdom 1000 to 5000 Employees

ICAP (London) Reviews

Updated Apr 22, 2014

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3.3 26 reviews

                             

85% Approve of the CEO

ICAP (London) Group CEO and Director Michael A. Spencer

Michael A. Spencer

(13 ratings)

55% of employees recommend this company to a friend
26 Employee Reviews
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1 person found this helpful  

Fair analysis of life at ICAP.

Dealer (Former Employee)
Mumbai

I worked at ICAP (London)

ProsICAP gives you a lot of exposure in terms of macro economics. If you just don't limit yourself to the job you are supposed to be doing and get into casual relations with your clients, there is tons to be learnt from the industry leaders.

Conslimited industry scope. dying nowadays. you face tough competetion from electronic broking. As in every other broking job, it sees unfair at times. Your success is largely dependent on the number, size and type of clients you've got. You get focused to only one niche industry with limited self growth, ignoring all the other talents you possess.

Advice to Senior ManagementDepartment heads should not be appointed according to the revenues they bring in, but their leadership abilities and popularity.

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Never a dull moment

Anonymous Employee (Former Employee)
London, England (UK)

I worked at ICAP (London) as a contractor

ProsEntrepreneurial executive management. Very little bureaucracy and the opportunity to make a difference every day. Small but global enterprise provides opportunities to work in a lot of different cultures. with the financial markets in revolution this is a great chance to be part of inventing the future.

ConsEntrepreneurialism and enthusiasm can mean that strategy is not thought through and leads to a lack of a single direction

Advice to Senior ManagementMake sure that everyone internally knows what the mission of the company is

Yes, I would recommend this company to a friend

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Unstable mgmt, office politics, fast-paced, cut throat

Broker (Former Employee)
Singapore (Singapore)

I worked at ICAP (London) full-time for more than a year

ProsIf you want to experience working for one of the biggest inter dealer brokers in the world and get a sense of how things used to run in the glory days, work here.

ConsBe ready to deal with office politics, cut throat colleagues, overly strict and inefficient compliance (also dealing with ongoing public investigations and lawsuits), very budget conscious, no communication with management. In addition to these ICAP specific issues, the industry will struggle with banks doing less business and more regulations.

Advice to Senior ManagementCommunication for starters.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great company to work for!

Analyst (Current Employee)
London, England (UK)

I have been working at ICAP (London) full-time for more than a year

ProsGood salary; good work-life balance; great people to work with

Consnone that I know of

Advice to Senior ManagementKeep doing what you're doing

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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You got to be tough in order to survive there

Anonymous Employee (Former Employee)

I worked at ICAP (London) full-time for less than a year

ProsFlat hierarchy
Good compensation
Nice infrastructure and environment

ConsShrinking market
Shift to electronic brokering

Advice to Senior ManagementNone

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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micro manage

Director (Former Employee)
London, England (UK)

I worked at ICAP (London) full-time for more than 5 years

Prosmoney money money and more money

Conslong hours, and constant email 24-7

Advice to Senior Managementstop looking over my shoulder when you know I know what I'm doing

Yes, I would recommend this company to a friend

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Fast paced and exciting.

Anonymous Employee (Current Employee)

I have been working at ICAP (London)

ProsDesk rotation and shadowing programme

ConsNot enough work provided to interns.

Yes, I would recommend this company to a friend

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ICAP is a great company to work with

Voice Broking (Current Employee)
London, England (UK)

I have been working at ICAP (London) as an intern for less than a year

Pros1. good pay 2. nice environment. 3. learn many things

Cons1. workload is heavy 2. under pressure

Advice to Senior ManagementKeep doing it.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Fantastic

Events Coordinator (Former Employee)
London, England (UK)

I worked at ICAP (London) full-time for more than a year

ProsGreat place to work. Like a second family.

ConsNot really anything coming to mind

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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ICAP is a dying industry.

Summer Analyst (Current Employee)
Jersey City, NJ (US)

I have been working at ICAP (London) as an intern for less than a year

ProsSome great people there, learned a lot. Lots of action, never a boring moment, good culture. Pretty much a frat house, and there's always leftover free food in the kitchen.

ConsIndustry is dying and there is little room for growing with the company since it's basically going nowhere. Everything is going electronic.

Advice to Senior ManagementThe management needs to learn how to deal with interns. Rather than sticking them on a desk and expecting them to pretend they love everything about everything, they should give them tasks to do and maybe some direction.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at ICAP (London) reviews and ratings - including employee satisfaction and approval ratings for ICAP (London) CEO Michael A. Spencer. All 26 reviews are posted anonymously by ICAP (London) employees.