Icap

Credit Trading Gets a Kick

Icap Electronic Broking expects to see dramatic performance improvement in its BrokerTec credit-trading platform, as the firm nears the end of a two-and-a-half-year project to roll out the new global matching-engine architecture. By Rob Daly

Rage Against the Machine

Icap's currency-trading system went rogue and inadvertently caused the Swiss franc to fall. Although the incident was a "mistake" and should never have happened, it's no less disconcerting.

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