Interdealer broker Icap has appointed John Nixon as chief executive of its electronic broking division (IEB).Nixon replaces Jack Jeffery, who has been CEO since February 2002 and will continue working until the end of June to complete the handover.
John Nixon has been director of strategic acquisitions and global market data services at Icap since 2002, and played an important role in Icap’s acquisitions of both BrokerTec and EBS. Between 1998 and 2002, he was a non-executive director of Icap, and between 1978 and 1997 he was chief executive officer of Tullett and Tokyo Forex, now part of Tullett Prebon, working in the Toronto, London and New York offices.
IEB is a combination of EBS’s electronic spot foreign exchange services and Icap’s fixed-income electronic broking businesses. It is now the largest electronic broking business in the interdealer broking industry with an estimated share of 44% of industry revenues.
More on People
Hoodless and Madaras among those suspended
Head of retail predicts appeal to conservative Canadian investors
UBS promotes Shane Edwards to head of global equity derivatives
The latest people moves and news from the industry
Sign up for Risk.net email alerts
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.