Garban-Icap Restructures, Breaks Out Electronic Broking
EARNINGS REPORT
LONDON--Garban-Intercapital, the world’s largest interdealer broker, plans to restructure the company around three core areas, breaking it into voice broking, electronic broking and market information, according to its first quarter results report.
The IDB considers electronic broking key to its future in the highly liquid OTC derivatives markets, combined with a hybrid electronic/voice solution for less liquid markets.
"Although the pace of the electronic evolution of OTC trading is slower than
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