The chief executive , Michael Spencer , said the acquisition would expand ICAP 's electronic trades by about 33 percent , to $ 700 billion a day .
Michael Spencer /business/person/company ICAP
DT JJ NN , NNP NNP , VBD DT NN MD VB NN POS JJ NNS IN RB CD NN , TO $ CD CD DT NN .
Michael Spencer
PERSON
ICAP
ORGANIZATION
/business/person/company