Icor goes live in Europe

TECHNOLOGY NEWS

LONDON -- Icor brokerage rolled out its European online FX options platform last week (Monday, July 8), with 16 banks running on the system.

Icor, a 50/50 joint venture with news and technology giant Reuters, is also set to add more banks in Europe, said Jeff Larsen, Icor chief executive. "Over the next six to eight weeks we will add nine more banks, and we have people in the wings waiting to be hooked up," he told FX Week. "We are excited about the fact that our Asian clients are now using u