Icor goes global with FX options

TECHNOLOGY NEWS

NEW YORK -- Electronic FX options broker Icor last week completed the global roll-out of its service with the launch of trading in North America.

Clients at 16 banks in North America went live with the system last week, and the firm said another 12 banks are expected to begin trading in the next two months. Jeff Larsen, chief executive of Icor in New York, told FX Week that several banks are using the platform as their global options system.

"Many banks who took up this service in Asia have

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