ICAP has launched a new Russian ruble fix on a foreign exchange (FX) platform. The interdealer broker has added the new Ruble Fix to trading capabilities on the EBS foreign exchange platform. Trading counterparties on Ruble have risen more than fourfold in the last 12 months, said Darryl Hooker, global new and emerging markets manager, ICAP Electronic Broking. The foreign exchange platform is used daily by over 2800 spot FX, precious metals and NDF traders in over 50 countries.
Click here for the release from ICAP.