Icap to launch multi-asset class trading

The interdealer broker is planning to offer multi-asset electronic trading with liquidity in foreign exchange, cash bonds, repo and derivatives in different currencies, as part of the integration between Icap and EBS.

It is also set to use EBS's capabilities to offer electronic execution and post-trade services for liquid, commoditised markets. "We hope to make it possible to trade in a 10-year government bond in a local currency and then, through a chain of other linked deals, produce a hedged

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