Icor trading A$30m a day
TECHNOLOGY NEWS
LONDON -- Icor Brokerage, an electronic forex options trading platform, has seen a trade a day since it was launched in Asia on January 16.
Average trade size is about A$30 million, and the service’s biggest trade to date was valued at A$120 million, Icor chief executive Jeff Larsen said. UK information provider Reuters bought a 50% stake in the service last September, and it is delivered via Reuters’ Dealing 3000 platform.
Serious dealers
There are 14 financial institutions live with the service
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