Icap to broke e-forwards
TECHNOLOGY NEWS
LONDON -- Inter-dealer broker Icap is launching a forwards FX electronic broking platform internally, said Donald McLumpha, director of the electronic brokering division for London and Europe. He added that the service could be rolled out to clients over the internet at a later stage, depending on demand.
Icap is currently testing the system in-house, and expects to start using it in about three months. McLumpha said the platform is based on the firm's existing technology, although he would not
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