Reuters Takes Full Control of Icor
VENDOR UPDATE
LONDON--Reuters now completely owns Icor Brokerage and its electronic foreign exchange (FX) options platform.
Reuters officials made the announcement last week that it purchased the remaining half of Icor for an undisclosed sum on March 11. Reuters has partially owned Icor since 2001.
Icor will now be integrated into Reuters' Treasury Broking Services division under global head Mark Kiley in London, confirms a Reuters spokesperson in London. The purchase adds FX options brokerage to Reuters'
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