ICE’s Swap Trade President, Peter Barsoom, Slated To Part Ways With Group

Peter Barsoom, acting President of the Intercontinental Exchange Inc’s (ICE) Swap Trading service revealed that he would be parting ways with the group at the end of August.

The ICE is globally connected network of exchanges and clearing houses for both financial and commodity markets that deals with assets, including 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, OTC instruments, futures, swaps, and commodities, among others. Mr. Barsoom has been a part of the ICE since 2010, where he joined as the CEO of ICE.

Barsoom's Next Landing Spot Still Unknown

As recently as January 2014, Mr. Barsoom was appointed as President of the ICE Swap Trade LLC, the group’s swap trading Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term entity. Prior to the ICE, he has also held such roles as Deputy CEO at Blue Mountain Capital Management, Executive Director at Morgan Stanley, and Vice President at American Express. It is still unknown where Mr. Barsoom will land for his next venture.