Join the dots
Sometimes deals come out of the blue, like my abortive bid to
become foreign minister of Guinea Bisau. On other occasions
they're a little easier to predict, like my hurried exit from
Guniea Bisau in the wake of that unfortunate incident. Now I'm
not saying there's anything going on, but I must admit my ears
pricked up the other week in Frankfurt when Eurex ceo Rudi
Ferscher made another reference to Icap's deal with Trading
Technologies - the latter already having done much-discussed
deals with Eurex, of course. Naturally, Icap has said it has no
exchange partnerships planned, but one can certainly see the
advantages for both parties in a growing futures brokerage
offering its existing liquidity pool to a new exchange. Icap,
of course, also owns BrokerTec, the cash bond platform that
spawned the last attempt to wrest the US Treasury contracts
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.