Head of BrokerTec Direct Americas Is Appointed EBS BrokerTec, ICAP’s electronic fixed income and foreign exchange business, reports that Nicole Shumpert, senior fixed income professional from Tradeweb, has been named head of its BrokerTec Direct, Americas, service. BrokerTec Direct “leverages the EBS Direct model to provide customers with a new mechanism for trading fixed income,”… Read More >>
EBS BrokerTec Bids Farewell to a CEO
EBS BrokerTec Also Names Jim Iorio as Global Sales Head Interdealer broker and post-trade services vendor ICAP is searching for a new CEO for its subsidiary EBS BrokerTec as Gil Mandelzis, the current CEO, has decided to step down “and will be leaving the company in due course,” officials say. “We now begin the search… Read More >>
ICBC Standard Bank to Streamline KYC Ops
London-based financial markets and commodities bank, ICBC Standard Bank, has selected Fenergo, a provider of know your customer (KYC) services, to meet global compliance requirements and to make improvements in operational efficiency, bank and officials say. In February 2015, the Industrial and Commercial Bank of China Ltd. (ICBC) acquired a controlling stake in Standard Bank’s… Read More >>
EBS Direct Uses FIX 4.4 for Application Links
EBS Direct to Use FIX 4.4 API EBS BrokerTec, the electronic foreign exchange (FX) and fixed income business group of interdealer broker ICAP, reports that end-users can connect to its FX platform — EBS Direct via a FIX version 4.4 application programming interface (API). The Financial Information eXchange (FIX) protocol for electronic trading is overseen… Read More >>
EBS BrokerTec Solidifies Post-Trade, FX Support
EBS BrokerTec, the electronic foreign exchange (FX) and fixed income business group of interdealer broker ICAP, is acquiring Molten Markets Inc., an FX technology provider for asset managers and pension funds, and the combination is expected to provide enhanced post-trade support. “This is a full execution management system [EMS] where clients can organize all of… Read More >>
EBS BrokerTec to Incorporate MyTreasury
EBS BrokerTec, a provider of electronic foreign exchange and fixed income trading platforms, is adding the money market fund platform MyTreasury to its product portfolio as part of the company’s multi-product expansion strategy. EBS BrokerTec and MyTreasury are owned by interdealer broker ICAP. In addition, EBS BrokerTec will be including an FX offering with MyTreasury, which… Read More >>
