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Rivals scramble to catch Icap

Talk of potential takeovers and tie-ups excites the industry

There is nothing like statistics to make people excited about derivatives. Critics find the figures worrisome; investors and industry operators find them stimulating.

Between the Bank for International Settlements' semi-annual figures on the derivatives markets and UK-listed interdealer broker Icap's half-year results, both of which come out at this time of year, November is an exciting month.

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