ICP's Capital Markets activities are focused on origination and trading of credit products. Since its inception in 2004, ICP's broker dealer subsidiaries, ICP Securities LLC and ICP Capital (London) Ltd., have originated and traded over $100 billion in secondary bonds for the institutional markets, have structured and placed over $50 billion in transactions backed by a wide range of collateral including ABS, MBS, high yield bonds, leveraged loans, emerging market securities and investment grade corporate debt.