International Capital Markets (ICM) Advises on policies to strengthen the position of the U.S. as a world capital center and the NYSE as an international market. The committee's widely respected international finance experts receive and react to the NYSE's prospective international policies and programs, and advise on operating systems and procedures to facilitate nonresidents' trading in U.S. securities. They recommend programs to encourage the listing of foreign companies' securities in the U.S., and advise the staff on fulfilling the NYSE's obligations as a member of the International Federation of Stock Exchanges.