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Article: Garban-Intercapital Now Connected to Clearing Houses in New York.
- Article from:
- PR Newswire
- Article date:
- September 18, 2001
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Copyright informationCOPYRIGHT 2001 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON, Sept. 18 /PRNewswire/ --
Garban-Intercapital, ICAP's broking business in New York, has now completely restored connections to two key clearing houses after the inter dealer broker's offices were destroyed in last Tuesday's attack on the World Trade Center.
Connections are now in place to the Government Securities Clearing Corporation ("GSCC"), the Depository Trust Company and also with Garban-Intercapital's clearing bank. Connection to the Mortgage Backed Securities Clearing Corporation will be completed on Thursday 21 September.
Ron Purpora, Joint Chief Executive of Garban-Intercapital's New York operations said, "With ...
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