Icap pilots bank-only block trading platform for manual users
Pilot comes at a time when news reports suggest a group of 10 banks plan to launch a bank-only FX trading platform
Interdealer broker Icap is today (December 13) beginning the pilot of a bank-only block trading platform for manual users of the EBS workstation, officials at the broker tell FX Week.
The product, called Continuous Match, has been in development for more than a year and is a bank-only, manual, block-trading facility for trading units of 10 million or more. The banks participating in the pilot include Deutsche Bank, UBS, Barclays Capital, Citi, Royal Bank of Scotland, JP Morgan, HSBC, Credit
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