Nichola Hunter Parts Ways with ICAP’s EBS Market, More Moves to Come?

Nichola Hunter, the co-Head of ICAP’s landmark Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term EBS Market, has reportedly left the firm amid a management reshuffle, having parted ways after a decade of service.

EBS Market is a paramount Forex trading platform, encompassing a large slice of the market along with Thomson Reuters' platform as well. EBS was recently in the news for reporting substantially weaker June Forex volumes YoY (-40.0%), which is emblematic of a larger trend in the market this year.

Mrs. Hunter has been with EBS since 2003, starting with her role as Head Of Customer Service. Over the years she ascended into such roles as Global Head of Client Services, Head of EBS Product Management, and finally Co-Head of EBS Market, all with ICAP. It is unknown whether this is an isolated move or part of a greater string of changes, though ICAP is rumored to be giving more details in the upcoming weeks.