Glenn Poulter has formerly been head of European cash equities and Citi and CEO for equities at ICAP.
Transaction requires other change of control consents before completion.
ICAP creates new position to extend its post-trade risk and information services business in Asia.
ICAP will hold its latest charity on 7 December, raising funds for various charities around the world.
The TRADE speaks to ICAP’s post-trade risk and information CEO, Jenny Knott about the businesses recent acquisitions, the future of FinTech and how the buy-side are stepping up investments in derivatives technology.
ICAP’s latest acquisition of Abide Financial adds to the growing list of Fintech firms snapped up by the group.
Abide Financial to become subsidiary of ICAP’s post-trade risk and information business, headed up by CEO Jenny Knott.
Cloud9 Technologies sees $30 million in funding which will be used to expand operations into new markets.
ICAP joins investors in $13.3 million deal with OpenGamma, as it shifts focus towards technology.