Icap launches e-trading of securities and extends FX forwards

The platform allows e-trading of equities from France, Germany, Spain, Italy, the UK and Japan, and will be rolled out progressively to cover other regions later this year.

This product is based on BrokerTec, Icap’s established fixed-income platform.

The interdealer broker has also extended its e-trading of short-dated FX forwards to Asia and North America after their rollout in Europe.

I-Forwards are available for all G10 currencies against the US dollar, as well as for euro/sterling, euro/yen and US dollar/rand. They were launched in Europe at the end of 2004, and have attracted more than 100 customers trading in 15 countries. They have achieved a 35% share of the G10 forward FX market in Europe, a figure Icap hopes to match in the US and Asia.

The system uses data from the EBS currency broker platform, which Icap purchased last year.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: