06/02/03

SCROLLING NEWS

BrokerTec Will Boost Icap Sales

London-based interdealer broker Icap expects the acquisition of bond dealing platform BrokerTec (completed last month) to boost its market data sales revenues in the coming year. The broker last week released financial results for the year ended March 31, showing increased profits from sales of Icap’s market data to vendors, including Reuters, Bloomberg, Moneyline Telerate and Telekurs. Profits from market data sales rose to £8.1 million ($13.3 million) for las

To continue reading...