Electronic Relationships
ICAP Electronic Broking (IEB) Vendors & Partnerships
This site provides information for IEB customers listing some of IEB’s qualified vendors. The vendors referenced below have successfully helped IEB customers in the development and consultation of the electronic trading cycle, or have completed development work specific to IEB platforms for Fixed Income (FI) and Foreign Exchange (FX) pre-trade and post-trade solutions.
IEB objectives in partnering with these best-of-breed vendors include:
- providing our customers cost effective solutions for quick and easy access to IEB platforms
- providing our customers a wide array of solutions in the pre-trade and post-trade arenas
- aiding our customers in addressing connectivity issues within the trading cycle
- and providing solutions addressing regulatory, conformance and settlement needs
Additionally, this site provides an application form for vendors interested in becoming an IEB partner and information on where to go for the most up-to-date IEB technical documentation and specifications for IEB FI and FX platforms.
The vendor partners referenced below include solution providers in both the pre-trade and post-trade arenas. This includes Independent Software Vendors (ISVs), Straight Through Processing (STP) providers and Algorithmic Solutions companies that offer Complex Event Processing (CEP) systems, Execution Management Systems (EMSs) and Order Management Systems (OMSs) solutions.
IEB differentiates the algorithmic space into three (3) primary categories: The first includes identifying providers with systems that seek arbitrage opportunities within the market place; the second are providers of execution algorithms designed to seek out “best execution” which typically includes EMSs; the third are providers of statistical algorithms that identify patterns with the goal of finding “best execution” opportunities which are typically CEP vendors.
IEB Partnerships include the following vendors:
IEB FI Vendors Include:
IEB FX Vendors Include:
Please note that the vendors referenced above are not a complete list of all IEB vendor partners. However, the vendors referenced on this site have passed conformance testing with IEB Market Control or IEB’s Global Service Delivery organization. IEB is committed to continue partnering with additional vendors by seeking out best-of-breed partners that can provide additional choices and efficient solutions for our customers.
To apply for IEB vendor partner certification, please fill out the Application Form in the top tab. You will receive feedback on your application request within ten (10) business days.
To access directions on how to get the latest IEB platform specifications or how to connect to our post-trade feeds, please click here.
For additional information on a specific vendor, please access their website highlighted above. For other questions, please contact Lisa Reaves, IEB Vendor Management, at lisa.reaves@us.icap.com.
