23 January 2018
visit www.ebaday.com

Icap replaces e-broking head Jeffery with Nixon

25 May 2007  |  4989 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  |  5429 views  |  0 comments
Icap seeks new acquisitions as e-trading volumes soar

Icap seeks new acquisitions as e-trading volumes soar

29 March 2007  |  6590 views  |  0 comments
Icap bolstered by e-trading

Icap bolstered by e-trading

31 May 2006  |  5090 views  |  0 comments
Icap seals EBS deal

Icap seals EBS deal

21 April 2006  |  15567 views  |  0 comments
Icap eyes acquisitions to boost e-trading

Icap eyes acquisitions to boost e-trading

22 November 2005  |  7307 views  |  0 comments
Icap talks up electronic broking

Icap talks up electronic broking

25 May 2005  |  6337 views  |  0 comments
Icap acquires Govpx

Icap acquires Govpx

14 January 2005  |  8022 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9323 views comments | 37 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9176 views comments | 14 tweets | 14 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8955 views comments | 12 tweets | 12 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8279 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
6912 views comments | 13 tweets | 25 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job