23 August 2017
Visit http://response.ncr.com

Icap replaces e-broking head Jeffery with Nixon

25 May 2007  |  4931 views  |  0 Icap logo web screen shot

Interdealer broker Icap has named John Nixon chief executive officer of its electronic broking division, replacing Jack Jeffery - former CEO of electronic currency trading platform EBS - who has quit the firm.

Jeffery joined Icap following the broker's $775 million acqusition of EBS last year. Reasons for his departure have not been disclosed.

Nixon was previously the director responsible for Icap's strategic acquisitions, as well as the broker's information business. He will now take charge at the helm of Icap's electronic broking division, which includes the EBS unit.

Icap group CEO Michael Spencer says the electronic broking division is a central part of the company's strategy to create a "global OTC exchange".

Earlier this year Icap said it was on the look out for further e-trading acquisitions after electronic broking boosted its full year profits. In a recent interview with the FT, however, Spencer said that the company was holding back from the market as most targets were over-valued.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Icap launches electronic securities lending platform

Icap launches electronic securities lending platform

16 April 2007  |  5330 views  |  0 comments
Icap seeks new acquisitions as e-trading volumes soar

Icap seeks new acquisitions as e-trading volumes soar

29 March 2007  |  6515 views  |  0 comments
Icap bolstered by e-trading

Icap bolstered by e-trading

31 May 2006  |  5011 views  |  0 comments
Icap seals EBS deal

Icap seals EBS deal

21 April 2006  |  15428 views  |  0 comments
Icap eyes acquisitions to boost e-trading

Icap eyes acquisitions to boost e-trading

22 November 2005  |  7214 views  |  0 comments
Icap talks up electronic broking

Icap talks up electronic broking

25 May 2005  |  6256 views  |  0 comments
Icap acquires Govpx

Icap acquires Govpx

14 January 2005  |  7908 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.vasco.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
15377 views comments | 39 tweets | 74 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13056 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11704 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10897 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10793 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job