Interdealer broker, Icap has applied to the UK Financial Service Authority (FSA) in an attempt to gain Regulated Investment Exchange status, which in turn will allow the company to list products and operate as an exchange. If given the thumbs up by the regulator, Icap could look to list emissions, energy and FX contracts. Speaking at the announcement of his company’s half yearly results, Michael Spencer, Icap’s chief executive said it could take several months to get the green light from FSA. He said that if it was given the go-ahead there was no intention to change any of Icap's over-the-counter products, but he wanted the option to launch new products, either OTC or on an...