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Icap Expands i-Cross to Europe

The service, expected to be available by the end of the year, will provide connection to Icap's EBS platform to customers trading spot foreign exchange (FX) in Europe, say officials.

Since last December, fixed-income and FX traders in North America have had the option to connect to Icap's EBS and BrokerTec platforms through i-Cross (DWT, Nov. 12, 2007). In the U.S. the service provides a 1 Gbps fiber connection to Icap's BrokerTec fixed-income matching engine and a 100 Mbps metro Ethernet

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