Icap Begins BrokerTec Integration

CONNECTIVITY

LONDON--Interdealer broker Icap has taken the first step toward integrating its ETC electronic fixed-income trading system with the BrokerTec bond trading platform, officials said last week.

Integrating the ETC (Electronic Trading Community) and BrokerTec’s systems will begin with a "facility for clients to be able to view liquidity from both platforms," says Icap director of corporate affairs Mike Sheard.

"We will generate a common front end and interconnect the platforms … From the client’s

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