Icap keeps Moneyline platform

Icap will use a new version of the TRS platform to support 700 positions across all products, along with Moneyline’s Active8 data system, replacing positions of Active1 and the Telerate Workstation.

Although Moneyline was the incumbent provider, Icap conducted a competitive tender between Moneyline and Reuters, prompted by its move to the former Lehman Brothers’ building at One and Two Broadgate. The move, which includes about 90 staff in FX, consolidates its current offices at Park House on