Icap expanded its electronic trading platform Monday, The Wall Street Journal reports. The inter-dealer broker has included Australian-dollar interest-rate trading options in its platform.
The options have been added as Australian interest-rate products have been drawing more investors in recent months. Investors are putting their money in Australia’s fixed-income market amid the euro zone sovereign debt crisis. Icap is a U.K.-based voice and electronic dealer broker and provider of post-trade risk services.
Click here for the story from The Wall Street Journal.