Icap has hired a new head of its dealer-to-client fixed income platform, a unit at the heart of the broker's shift away from voice-trading and towards higher margin electronic and post-trade business.

Serge Marston, a former global head of e-commerce sales at Deutsche Bank, will join Icap on November 24 as the head of BrokerTec Direct, according to a company spokeswoman. He will report to Jeff Ward, global head of EBS-BrokerTec Direct, she said.