The Traderszone Network

Published in TZ Latest News 11 February, 2016 by The TZ Newswire Staff

ICAP Revenue Declines as CEO Spencer Bets on Speed Traders

The chief executive officer of ICAP Plc, which reported a 7 percent drop in revenue from electronic markets, says high-frequency trading firms such as Citadel LLC and Virtu Financial Inc. will help to make up for reduced trading from banks.