Icap launches jobs monitor

City A.M. Reporter
ICAP, the world’s largest inter-dealer broker, has unveiled a jobs tracker, in the latest example of brokerages aiming to offset weak trading with new services.

Icap said yesterday it had launched its UK Labour Market Indices, offering investors, traders and researchers guidance on employment, vacancies and salaries.

The broker said the new service will be valuable for clients because it will provide them with data on employment levels ahead of official figures.