ICAP Said to Consider Circuit Breakers for Treasury Bond Trading
This article is for subscribers only.
ICAP Plc, which runs one of the world’s biggest electronic Treasury trading platforms, is considering circuit breakers as a safeguard against extreme volatility, according to a person familiar with the matter.
ICAP has discussed with clients the possibility of introducing curbs on its Treasury market, EBS BrokerTec, but no decision has been made, according to the person, who asked not to be identified because the talks are private. Guy Taylor, a spokesman for London-based ICAP, declined to comment.