ICor Brokerage, a new global business-to-business on-line broker of sophisticated financial instruments, announced the establishment of a London office and the appointment of Thomas Binks as head of ICor Europe. ICor, which will initially serve the $300 trillion interbank market for derivatives, sees Europe as key to its success. Tom Binks will establish ICor’s presence in Europe by building its London office and provide sales and support for all of Europe. A pioneer in the growth of the global derivatives business, Tom joins ICor with over 15 years’ experience in senior international capital markets and derivatives positions. He last served as Deputy Head of Global Derivatives at Bank of America in London. ICor also announced the appointment of Susan Hinko as Director of Industry Relations, based in New York. Ms Hinko will focus on regulatory matters, as well as marketing strategies, to secure ICor’s presence in the industry. She joins from the International Swaps and Derivatives Association (ISDA) where she was Director of Policy for the Americas, dealing with regulatory issues and legal, accounting, tax and risk management considerations affecting the derivatives industry.
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