The matching engine brings together buyers and sellers in the US Agency Securities marketplace by using both traditional and new execution methods, creating an unparalleled and liquid user experience for new and existing ICAP customers.

Clive England, US Head of ICAP e-Commerce & Global Matching, said: “ICAP has been at the forefront of providing best in class services in most every asset class and product. Now we have another first with our US Agency Securities matching product. As hybrid technologies continue to grow and become increasingly more important in the US, we’ve made it a priority to offer these new products to our customers and demonstrate how they offer improved functionality and liquidity.”

Jerald Irving, President of ICAP Securities, said: “Agency Securities professionals require and depend on reliable trading solutions with rapid execution, and our e-Commerce group gives our customers that with this new hybrid product. We’re continuing our strategy of investing in new technologies in innovative ways that give our customers more options in this rapidly changing environment. We’re very excited to be launching our US Agency Securities matching engine and look forward to bringing more state-of-the-art services to the marketplace soon.”