Icor Plans European Launch In July
TRANSACTION SYSTEMS
NEW YORK--Electronic FX options broker Icor Brokerage is set to launch its platform in Europe early next month, says New York-based chief executive Jeff Larson .
"We wanted to have 14 to 15 banks installed before the launch," says Larson. "That will ensure a critical mass on the system when it launches, providing instant liquidity."
The process leading up to the launch has involved several phases, he says. First, the platform was completed, and then telecoms lines and the Icor system were
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