Obviously November was quite a successful month for many companies. Another one to show off with great results is markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP). Last month ICAP reported that EBS Volumes have made a slight jump with 2.6% from September’s $81.7billion to October’s $83.8 billion.…
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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has published the average daily volume data for October 2016. After the heavy summer slowdown last several months, there's been a solid rise in September’s ADV data volumes numbers. A rise continues to be seen in October's report. EBS Volumes…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets volumes for the first month of the new year, with trading volumes on FX trading platform EBS staging a sharp increase in monthly terms. Average daily volumes at EBS amounted to $103.8 billion in…
Read moreJanuary's trend reversal was a one off event – growth continues to be stifled at the UK brokerage As we are getting the latest report from UK brokerage ICAP (LON:IAP) on volumes traded over its EBS platform the numbers are anything but disappointing. A total of $83.5 billion have shaken hands over the company’s electronic dealing…
Read moreStill markedly lower by more than a third from a year ago levels, best number since July According to data released by ICAP, volumes on their EBS platform have risen substantially from December marking the first substantial increase we have seen in a while. Traded forex volumes have reached $87.5 billion from $71 billion a…
Read moreEBS forex volumes 23% below last year and 11% below last month Another month passes and another dismal number for ICAP’s EBS comes into the fray. Following the multi-year lows announced in October, the company has reported an 11% drop on last month’s tepid rebound to mark the final month of 2013 at an average of $71 billion…
Read moreVolumes at ICAP's EBS unit were up 3% from October, but at below $80B ADV times are slow at EBS. ICAP's EBS Forex ECN unit did not see a month below $120 billion trading (average daily volume) throughout the first six months of 2013. Since July, that figure has not been above $89 billion. November's…
Read moreICAP is counting on new initiatives such as EBS Direct and its new SEF to revive forex revenues ICAP (LON:IAP) has reported today in its half-year statement that its revenue declined to 736 mln pounds, dropping marginally by 1% year on year. Despite this, operating profits were reported at 153 mln pounds, which is higher by…
Read moreICAP's EBS losing ground to FXall and Thomson Reuters in the FX ECN business. With competitors showing mixed results in what is usually a slow December FX trading season, ICAP's EBS unit reported its lowest monthly volumes since 2005 (!!), at $91.8 billion (average daily volume) 12% off last month and 4% below last year…
Read moreNovember FX trading volume data looking good so far... After in October reporting its slowest trading month since 2005, and losing the #2 spot in the Forex ECN market to FXall, ICAP's EBS unit announced that November's daily FX volumes in November rose by 12% to average $103.8 billion. While nicely up over October, EBS's volumes…
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