Markets 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 moreEBS BrokerTec, the electronic Forex and fixed income business of ICAP plc (LON:IAP), announces today that EBS Treasury (known previously as MyTreasury), the liquidity management platform for the corporate treasury community, has been chosen by the UK Municipal Bonds Agency (MBA) to offer electronic inter-authority lending and borrowing in the UK. The platform will support…
Read moreIt is not just the retail brokers launching new websites. Interdealer broker ICAP plc (LON:IAP), a major platform for institutional trading of interest rates, credit, commodities, equity derivatives as well as FX (via its EBS unit), has launched a brand new website for corporate news and information at https://newsroom.icap.com/. ICAP's new site is a lot more visual than…
Read moreTullett Prebon Plc (LON:TLPR) has earlier today issued an update about the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP). Tullett Prebon said it received a request for additional information and documentary material from the United States Department of Justice (DOJ) in connection with the transaction. This form of…
Read morePost trade infrastructure provider TriOptima, part of ICAP plc (LON:IAP), announces today that 18 banks participated in the first triReduce inflation swap compression cycle eliminating $98.5 billion notional in inflation index swaps for the European Union: EUR- Excluding Tobacco-Non-revised Consumer Price Index. Given that inflation swaps tend to be long dated with compounding coupons leading…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announced on Thursday that it has made a strategic investment in Digital Asset Holdings LLC, a developer of Distributed Ledger Technology for the financial services industry. The investment was made through Euclid Opportunities, ICAP’s early stage fintech investment business, as…
Read moreICAP plc (LON:IAP), a leading markets operator and provider of post trade risk mitigation and information services, announced today that independent non-executive director Diane Schueneman will step down from the Board. The change is effective December 31, 2015. Ms Schueneman, who plans to concentrate on other commitments, will resign from her roles as member of…
Read moreEBS BrokerTec, the electronic foreign exchange and fixed income business of interdealer broker ICAP plc (LON:IAP), has announced that the volumes traded on its EBS Direct fully disclosed, relationship based FX platform have more than tripled over the past 18 months, hitting $18 billion (average daily volumes) in October 2015, up from about $5 billion…
Read moreTriOptima, the subsidiary of ICAP plc (LON:IAP) which provides post trade risk management services and infrastructure for OTC derivatives, today announces that members of Japan Securities Clearing Corporation (JSCC) terminated JPY 72.5 trillion ($588.9 billion) in the first unlinked compression cycle for JPY interest rate swaps (IRS) in JSCC. This marks an increase of 44.4%…
Read moreEBS, the electronic Forex brokerage division of ICAP plc (LON:IAP), has just added its voice to the chorus of companies reporting weak Forex volumes for November 2015. Trading volumes at EBS declined in monthly and annual terms, hitting their lowest level since July 2014, when average daily volumes amounted to meager $70.6 billion. Average daily…
Read more