May 2007
Markets: Icap gatecrashes electronic swaps market
by Chloe Hayward, Lee Oliver
"It is set to become a global electronic trading venue and source of liquidity for short-dated FX forwards, building on the companys global reputation for e-trading spot FX," Icap claims in a press release. "The system also uses market data from the award-winning Icap-owned EBS platform, the source of the spot FX market, and is therefore ideal data for forwards calculations," it adds.
Icap says i-Forwards will now be available in other...