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Icap opens New York LME base metals desk

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Interdealer broker Icap has expanded its base metals broking business by opening a New York sales desk and hiring Marc Carozza.

Carozza previously worked for Bear Stearns and Calyon Financial.

Icap began broking London Metal Exchange base metals in January 2009 with a Category Two membership of the LME.

Robert Rees, managing director, global base metals, says: “We are focused on extending our global reach in base metals and building on the successes of our London based business.”

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