Icap platforms get regulator approval

“This approval from MAS allows Icap to give professional investors in Singapore trading access to the most liquid market in US Treasury products,” said David Rutter, chief executive of Icap electronic broking for the US and Asia.

The BrokerTec and Garban platforms, which are designed for electronic bond trading, were both launched commercially in 2000, although Icap only acquired the BrokerTec platform through an acquisition in May 2003.

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