Icap is to review plans to develop a listed derivatives platform following the departure of the interdealer broker's chief operating officer of exchange projects, Financial News has learnt.

A statement from the London-based interdealer broker confirmed the developments: "Icap confirms that Cathryn Lyall, previously COO of Exchange Projects, will be pursuing other opportunities outside Icap, effective immediately.

Icap exchange project on hold as Lyall exits

Natasha de Terán

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