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ICAP’s MarketAxess Alliance Marks Move into Rivals’ Markets, as EBS Rumours Resurface

At 01 Apr 2004 19:14:54 in ET-Interdealer Systems, Electronic Trading    Print Article  Email Article   Full content requires subscription 

The strategic alliance between ICAP PLC and MarketAxess, announced recently, marks an aggressive move by both companies into the core target markets of their closest rivals, Cantor Fitzgerald/eSpeed and TradeWeb, respectively. For ICAP, further corporate maneouvrings may be on the cards, as rumours about a possible acquisition of the Electronic Broking Services (EBS) foreign exchange trading system resurface.



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