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Foreign Exchange

FX news: Icap Fix – Japanese go for quick fix

Icap announced this week that their data service, Icap Fix has been added to one of the largest Japanese financial information vendors, Quick.

Mark Benfield, regional director of Icap information services, Asia-Pacific, says: “Icap's strategic business collaborations with Quick Corp in Japan are focused on addressing their end customers’ market data requirements.

“Over the past two years we have seen an exponential growth in demand from customers in Japan and around the world for greater access and consumption of accurate and dependable OTC market data. This has meant extensive investment by Icap in continuing to work actively with our vendor partners and clients to structure new product options such as Icap Fix, as well as ensuring flexible access and distribution models to meet customers’ needs.”

Icap Fix is derived from Icap’s global voice and electronic broking operations and can help users reference and validate data for product and credit control, risk management and mark-to-market positions.

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