ICAP Launches Multi-asset CrossTrade Solution

[kreslik.news]

ICAP plc (IAP.L), a markets operator and provider of post-trade risk mitigation services, announces today that its ICAP Global Broking unit has launched a new comprehensive portal for buy-side clients, tapped TrueQuote, according to an ICAP statement.

The launch will see the implementation of ICAP’s ‘CrossTrade,’ a fixed income solution that is the first in a line of new developments over multiple asset class solutions scheduled for the next few months. TrueQuote is the overarching portal that will encompass these solutions, which was developed in tandem with fixed-income data provider, Interactive Data.

CrossTrade acts as a workflow efficiency tool helping enable ... (read more)