BrokerTec Direct poaches Tradeweb boss to head up expansion
Tradeweb’s Nicole Shumpert will head up BrokerTec Direct’s expansion as it is rolled out in US markets.
Tradeweb’s Nicole Shumpert will head up BrokerTec Direct’s expansion as it is rolled out in US markets.
Sale will see Tullett take control of ICAP brand with new electronic and post trade business to be branded NEX Group.
The long-awaited transaction is set to be completed later this year.
A shareholder vote will held be later this month to approve the Tullett Prebon acquisition of ICAP’s voice broking business.
ICAP reports revenues are down 5% as CEO Michael Spencer says the deal with Tullett Prebon is on track for completion this year.