Tag Archives: ICAP

Forex Trading Platforms Take Action Against “Flash” Traders

The Financial Times recently reported that EBS, the forex trading platformowned by the electronic interdealer broker ICAP (IAP), announced that it would limit activities such as “flash” orders, which are said to distort the market. “Flash” orders are automatic trades made … Continue reading

Posted in Breaking News, Dark Pools, Finance, Flash Crash, High Frequency Trading | Tagged , , , , , , , | 1 Comment

ICAP Sees High-Speed Volumes Falling On Technical Changes

(Reuters) – ICAP, the world’s largest currency broker, expects to see business from speed-trading clients fall after technical changes to its currency platform this month to address banking clients’ complaints about tactics used by speed-traders. The broker said it will … Continue reading

Posted in Business, Finance, High Frequency Trading, Insider Trading, Regulatory Updates, World Economy | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Icap Fights to Save its Currency Franchise

Today in the Financial News, Tom Osborn writes that it wasn’t just the economic gloom, or the unrelenting rain that prompted Icap chief executive Michael Spencer to call trading conditions in the past three months the most challenging of his … Continue reading

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High-Speed Traders Dive Into Foreign Exchange Despite Doubts

The Wall Street Journal’s Neil Shah reported about a little-known firm called Timber Hill LLC trying to grab a bigger share of the world’s foreign-exchange trading business. Timber Hill’s head of foreign-exchange trading, 28-year-old Matt Lauria, hopes to challenge Wall … Continue reading

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