Trading Technologies (TT) and BrokerTec, the Icap-owned bond
platform, announced on Wednesday plans to launch a cash and
futures trading system whereby traders will be able to trade
both from one screen.
Under the plan, TT will provide customers with direct access
to Icap's OTC fixed income market as well as the futures
markets it serves. The deal, which is set to begin toward the
end of the first quarter, allows traders to trade cash or
futures from the same first-in-first-out protocol. The move
dovetails with Icap's plans to create a global exchange traded
futures clearing business announced earlier this month. (See
FO Week Vol 9 No 5).
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.