Reuters swaps plans won’t change Icor FX

Chief executive Jeff Larsen in New York said it made sense for the firm to pass over responsibility for selling the swaps platform -- which is yet to be launched -- to Reuters, with its extensive global sales network. But as Icor’s forex options platform, which was launched in a series of rollouts throughout last year, is running, there is no need for it to be managed in a similar way.

The change in ownership of the swaps platform means Reuters will now pay Icor to build the platform as a cont