Spotlight on: David Rutter, Icap


Since acquiring the EBS spot foreign exchange platform from a consortium of banks in June 2006, interdealer broker Icap has developed the system in an attempt to satisfy both traditional manual traders and newer algorithmic traders. In December, the broker launched a bank-only manual block-trading service, Continuous Match (FX Week, December 13, 2010), and next month it will roll out decimalised pricing on major currency pairs (FX Week, January 10).

On February 2, Icap published its interim

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