Icap to Establish a Single Global Broking Service
Interdealer broker Icap will undergo an internal reorganization which will create a single, global voice broking division, which the firm says reflects the changing nature of its business.
Until now, Icap has operated its broking business on a regional basis in the Americas, EMEA and Asia-Pacific. The reorganization mirrors the way Icap's electronic and post-trade divisions are already run on a global basis and will enable the group to execute a global strategy for voice and hybrid broking
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