Icor has ‘strategic advantage’ in currency pair trades

Icor Brokerage, an over-the-counter electronic foreign exchange options trading platform, was transacting a trade a day in Australian dollar/US dollar currency pairs in the weeks after its launch in Asia on January 16 – more than a year after its initial roll-out schedule.

The service, in which UK information provider Reuters bought a 50% stake in September last year, has seen average trades of about A$30 million, with its biggest trade valued at A$120 million, says Icor chief executive Jeff

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FX Week recently hosted a webinar in partnership with Refinitiv to ask foreign exchange industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped forex markets in Asia

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