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 last

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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