Reuters buys remainder of Icor

Reuters bought the remainder of the company it had part-owned since 2001, for an undisclosed sum on March 11.

Icor will now be integrated into Reuters' Treasury Broking Services division under global head Mark Kiley in London, said a Reuters spokesperson in London.

The purchase adds FX options brokerage to Reuters' armoury of electronic FX services of spot and forwards, and represents a natural progression of the joint venture, said the spokesperson.

It will also extend Reuters' FX business, wh