Chinese choose ICAP for $65m trading platform revamp
China Foreign Exchange Trade System (CFETS), the nation’s official inter-bank market trading platform and infrastructure provider, has chosen ICAP in a $65 million deal. The technology for fixed income and foreign exchange (FX) electronic execution services in mainland China will be delivered by EBS BrokerTec, ICAP’s electronic FX and fixed income business. The deal, valued […]