December 19, 2016 BY Valentina Kirilova

ICAP to process foreign exchange trades on blockchain technology

The London group, to be renamed NEX Group from January, is preparing to process thousands of foreign exchange trades on blockchain technology. ICAP plc (LON:IAP) will supply the code to customers in March so institutional investors can more transparently track and value deals in the spot market, which trades $1.7tn a day.   ICAP, in…

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