Icap pushes into options
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Spencer also said although Icap has benefited from the experience it has acquired from EBS, the brand would eventually be phased out. Spencer said these plans are in line with his view of the markets becoming increasingly electronic. "The entire market is undergoing significant and rapid technology driven changes," he said, adding that Icap's purchase of EBS proves its commitment to electronic markets.
Spencer told the congress that increasing algorithmic trading and model development will be a
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