Icap to Broaden Services

CONNECTIVITY

LONDON-Interdealer broker Icap will be taking the back-office solutions from Rolfe and Nolan (R&N) for its exchange-traded futures and options business.

Until now, the broker has offered execution-only services, but once the R&N technology is live-expected to be next month or September-Icap will begin offering a full clearing and execution service. The move is part of Icap’s overall strategy to become “a leading global futures business within two years,” according to statements made in February

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